412 m² Commercial space in Wellington North

Prime Mixed-Use Investment Property in the Heart of Wellington CBD

This fully tenanted mixed-use property offers a rare investment opportunity at the center of Wellington''s bustling CBD. The property consists of four renovated residential units and four business premises, making it an ideal combination of commercial and residential income streams.

- Total GLA (Gross Lettable Area): 415 m2

- Erf Size: 489 m2

- Monthly Gross Income: R44,100

- Income Growth: Annual escalations scheduled for next year

Property Features:

- Prime Location: Positioned in a high-visibility area with excellent exposure to passing traffic.

- Parking Availability: Ample parking for both tenants and customers.

- High Foot Traffic: The property benefits from strong foot traffic, contributing to the success of the business tenants.

- Recent Renovations: Residential units have been refurbished to modern standards, ensuring strong tenant demand.

This well-maintained property offers a solid investment with diversified income and future growth potential. Ideal for investors looking for a stable return with a mix of residential and commercial tenants.

Seize this opportunity to own a high-performing asset in one of Wellington''s most sought-after locations.