R 3 900 000
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1 100 m² Commercial space in Benoni CBD

1 200 m² 1 100 m²

COMMERCIAL INVESTMENT PROPERTY

REDUCED! REDUCED! COMMERCIAL PROPERTY WITH EXCELLENT RETURNS - Business Premises consisting of 2 separate Erven and comprising 3 separate Shops - ALL FULLY LET! .Very Long-standing Businesses have been operating from these premises for decades and have benefitted from being on one of Benoni CBD''s busiest roads and entry points...

Ideally Located for Marketing exposure as the properties are situated among renovated and upmarket Automotive Dealers and the road is known as an up-and-coming Executive Car Dealership Strip. .Many name-brands are situated as neighbours along Ampthill Avenue. .This property is being sold at a considerable lower price compared to the 2019 market prices currently paid for neighbourhood properties.

While the Investment can continue to realise it''s Good Rental Returns (ROI) it will become an even more valuable and sought after property soon due to the demand for Dealership space.

The individual shops are configured to suit existing Tenants, with a wide variety of Office / Workspace component ratios.

The Automotive Engineering Works has mostly Workspace with a small office component and a Reception area.

The Upholstery Business is similar in ratio while the Bearing Business has vast Stores with about 7 separate offices and a neat Reception / Counter Service Area.

The structure is sound with a concrete roof / floor above which is covered with an iron sheeting roof. This roof structure can be repurposed if an additional floor if constructed to facilitate further lettable space - the staircase is already constructed.

A good Investment ..... in a good area ...... at a good Price!

PRICE EXCLUDES VAT

Property details

  • Listing number T2602221
  • Property type Commercial
  • Listing date 24 Jun 2024
  • Land size 1 200 m²
  • Floor size 1 100 m²
  • Rates and taxes R 9 000

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