346 m² Commercial space in Vincent
Prime Commercial Investment on Western Avenue [removed] High Return on Investment
An exceptional investment opportunity awaits in the heart of Vincent, East London. Located along the high-traffic Western Avenue, this well-maintained commercial property offers four fully tenanted office suites with approved plans for a fifth, providing immediate rental income and excellent future growth potential.
Property Highlights:
Total Office Space: 346m2 across four units
Zoning: Business 4 (non-medical)
Current Rental Income: R40,000 to R65,000/month (excl. VAT), depending on lease terms
Approved Development: Plans for an additional 50m2 office suite (Unit E)
ERF Size: 1012m2
Office Suite Breakdown:
Office A (130m2): Reception/waiting area, 4 spacious offices, kitchen, and toilet
Office B (130m2): Identical to Office A
Office C (36m2): Reception, 1 large office, kitchen, and toilet
Office D (50m2): Reception, 3 large offices, kitchen, and toilet
Future Office E (Approved, 50m2): Planned reception, 3 offices, kitchen, and toilet
Key Features:
Fully Tenanted with sound lease agreements in place
High Visibility & Easy Access, near Vincent Park Mall and N2
Secure Off-Street Parking for 14 vehicles
Each Unit Features: Private kitchenettes, ablution facilities, air conditioning, alarm systems, prepaid electricity meters
Flexible Layouts: Suitable for a range of professional tenants
Strategic Location: High foot traffic and excellent exposure
Development Potential: Expansion approved for additional income-generating space
This fully let commercial property is ideal for investors seeking a reliable income stream, low maintenance, and capital growth potential in one of East Londons most desirable business districts.
Property details
- Listing number T5056249
- Property type Commercial
- Listing date 25 Apr 2025
- Land size 1 009 m²
- Floor size 346 m²
- Rates and taxes R 9 513
Property features
- Open parking 15