1 550 m² Commercial space in Reservoir Hills
Commercial investment property for sale in Reservoir Hills
Situated conveniently just off the main road of Reservoir Hills, 7 Sienna Crescent presents an outstanding commercial investment opportunity. This property boasts a range of commercial options including office space, retail business space, residential apartments, and warehouse space, all on a spacious 1140sqm plot.
The building offers a total of 1550sqm under roof, providing ample space for various business needs. There is also
dedicated parking for trucks or up to 16 cars, ensuring convenience for tenants and customers alike.
The ground level of the property is well-suited for offices or shops, featuring toilets, including paraplegic toilets, and a kitchenette. This level alone has the potential to generate significant rental income.
On the upper floor, there are six tiled apartments, each comprising a lounge-cum-dining area and an open-plan kitchen.
These two and three-bedroom units are perfect for young families, retirees, working couples, and students. Furthermore, these units operate on a pre-paid electricity system, adding convenience for tenants.
The property also offers the exciting prospect of expansion, with the potential to build three additional floors and install a lift. This expansion could significantly increase the property''s rental income potential and overall value.
In summary, 7 Sienna Crescent is a lucrative investment opportunity offering a range of commercial options, potential for further development, and a prime location in Reservoir Hills. Don''t miss out on this chance to secure a valuable asset with substantial rental income potential.
Property details
- Listing number T4577230
- Property type Commercial
- Listing date 28 Mar 2024
- Land size 1 140 m²
- Floor size 1 550 m²
- Rates and taxes R 2 578
Property features
- Bedrooms 13
- Bathrooms 20