1200 m² Commercial space in Berea

Subject property comprises of a double corner stand. The house is currently two storeys & well maintained with prepaid electricity meters throughout.

There are 16 tenanted units, 14 of which are residential and 2 shops. There is a massive Gross Income of R60 000.00 & a NETT INCOME of R48 000.00.

All the residential units are self-contained with bathroom & kitchen facilities except the single units share between them. The units are extremely spacious for the area & the rentals are very competitive, providing long standing tenants. The exterior of the property consists of a Spaza & Television repair shop as well as 2 of the single & 2 en-suite units. The interior of the house consists of the remaining 10 units. There is additional upside to easily bulk the area behind the house.