460 m² Commercial space in North End

Exceptional Investment Property in North End East London: Workshop and Apartment Block with a gross income of R44 064.00

Nestled in the heart of North End East London, this remarkable investment property presents an unparalleled opportunity for those seeking a strategic and lucrative investment in real estate. Comprising a state-of-the-art workshop and a meticulously designed apartment block, this property promises both impressive rental income and substantial potential for future growth.

Workshop: The Hub of Productivity

The workshop, an integral part of this property, stands as a hub of productivity and innovation. Boasting a spacious interior layout, the workshop provides an ideal space for a wide range of commercial and industrial endeavors. Its strategic location within North End East London ensures excellent accessibility, making it convenient for clients and businesses alike.

Equipped with modern amenities and cutting-edge infrastructure, the workshop offers an optimal environment for conducting business operations efficiently. Ample natural light filters through well-placed windows, enhancing the workspace and reducing the need for artificial lighting during daylight hours. High ceilings not only contribute to an airy atmosphere but also facilitate the accommodation of large equipment and machinery.

Currently leased for R20,782.00 per month, the workshop has consistently demonstrated its income-generating potential. Its well-maintained condition and flexible layout make it an attractive proposition for a diverse range of entrepreneurs and businesses. This reliable income stream significantly contributes to the overall financial profile of the property.

Apartment Block: Unparalleled Residential Comfort

Adjacent to the workshop, the apartment block comprises 16 rooms designed to provide unparalleled residential comfort. Each room is thoughtfully crafted to balance functionality with aesthetic appeal. Residents are greeted by a harmonious fusion of modern design elements and cozy ambiance, creating a space that truly feels like home.

The apartment block offers a mix of room configurations to cater to various living preferences. Each room features [include relevant room amenities such as en-suite bathrooms, kitchenettes, etc.]. Residents enjoy the convenience of living in proximity to essential amenities, public transportation, and prominent local attractions. The strategic location of the apartment block adds intrinsic value, making it an enticing choice for tenants seeking a blend of comfort and accessibility.

Currently, the apartment block is fully leased, generating a remarkable gross income of R23,282.00 per month, inclusive of water and lights. This steady income stream is a testament to the property''s desirability among residents and its ability to deliver consistent returns.

Investment Potential and Future Growth

With a combined gross income of R44,064.00 per month from the workshop and apartment block, this property showcases an impressive financial performance. The well-established income streams not only cover operational costs but also offer substantial net returns, making it an appealing investment option for both seasoned investors and those new to the real estate market.

Furthermore, the strategic location of the property within the thriving North End East London area positions it for potential appreciation in value over time. As the neighborhood continues to evolve, the property stands to benefit from the increasing demand for commercial spaces and desirable residential accommodations.