House in Lenasia
Prime Multi-Use Property with High Revenue Potential !!
This Property Offers A Unique Investment Opportunity, Boasting A Diversified Mix Of Tenants Across Multiple Floors, With Existing Income Streams And Significant Potential For Increased Revenue.
GROUND FLOOR OVERVIEW:
Fully Occupied With A Variety Of Businesses, Each Contributing To A Steady Monthly Income. Key Tenants Include A Hardware Store, Takeaway Shop, Signage Shop, Cell Shop, Hair Salon, And An Eating Place. These Businesses Cater To A Wide Range Of Customers, Ensuring A Consistent Flow Of Income. The Presence Of An Upstairs Office, Associated With The Hardware Store, Adds Further Value To The Ground Floor Revenue.
FIRST FLOOR:
The First Floor Is Currently Home To Three Established Businesses: A Psychology Practice, A Beauty Inn, And A Computer Services Company. These Tenants Provide A Solid Foundation For Monthly Income
SECOND FLOOR:
Currently Underutilized, With A Vacant Top Unit Available For Lease. This Unit Offers An Additional Income Stream.
FINANCIAL OVERVIEW
The Property Is Already Generating A Substantial Annual Income,
With Monthly Earnings From The Existing Tenants. The Current Expenses Are Well-Managed, Allowing For A Healthy Net Annual Income , Positioning This Property As A Highly Profitable Investment.
Invest In This High-Yield Property And Unlock Its Full Income Potential!
Property details
- Listing number T4773765
- Property type House
- Erf size 866 m²
- Floor size 497 m²
- Rates and taxes R 5
Property features
- Bedrooms 0
- Bathrooms 1