Commercial space in Lenasia South
Owner Asking R5 500 000 , Is Willing To Negotiate Offers From R5 000 000
Commercial Property for Sale Prime Location in Lenasia. Attention savvy investors! This commercial property, located in a prime area of Lenasia, is a rare find at a steal of a price, offering a lucrative investment opportunity with a return on investment (ROI) above 10%. This property features 13 spacious flats and 3 shops, all fully tenanted, generating a total rental income of R60,270 for September 2024. Each unit offers steady monthly returns, making this a hassle-free investment that practically pays for itself:
Flat 1: R4,200
Flat 2: R4,500
Flat 3: R2,500
Flat 4: R5,500
Flat 5: R5,500
Flat 6: R4,500
Flat 7: R4,500
Flat 8: R4,725
Flat 9: R4,500
Flat 10: R4,725
Flat 11: R5,670
Flat 12: R4,725
Flat 13: R4,725
Along with the consistent residential rental income, the three commercial shops provide an added revenue stream, further boosting the propertys investment potential.
Why Buy?
High ROI: With a return on investment over 10%, this property offers incredible financial returns with minimal risk.
Prime Location: Situated in the heart of Lenasia, this property benefits from high foot traffic and easy access to local amenities, ensuring ongoing demand for both the flats and commercial spaces.
Steady Rental Income: Fully tenanted with a total monthly income of R60,270, this property is already set up to generate consistent cash flow.
Diverse Income Streams: With a mix of 13 residential flats and 3 commercial shops, this property offers multiple streams of income, maximizing its investment potential.
Investors Dream: Whether youre looking to expand your portfolio or make your first big commercial investment, this property is a golden opportunity with everything in place for immediate returns.
Below Market Value: This is a once-in-a-lifetime opportunity to buy at a price well below market value in such a prime location. Dont miss your chance to own this income-generating property in Lenasia! With high demand, a prime location, and exceptional ROI, this property wont be on the market for long. Ready to see your investment grow? Lets make it happen! Contact Us Today For An Exclusive Viewing!
Property details
- Listing number T4840470
- Property type Commercial
- Listing date 25 Oct 2024
Property features
- Bedrooms 13
- Bathrooms 13
- Open parking 20