Welcome to 8 Robertson Rd, North End, PE an exceptional mixed-use block offering a blend of commercial and residential opportunities.
This property boasts a vehicle service workshop, a motor vehicle spray paint body business, and 8 residential units, all fully tenanted and generating a solid monthly net rental income of approximately R24K. With each unit equipped with its own prepaid electricity meter, geyser, and water meter, tenant convenience is paramount. Recent renovations, including roof re-rubberizing and minor painting, ensure the property is in top condition. Positioned just opposite Piere 14, this property promises high visibility and accessibility.
Offered for sale atR1.25 million, this investment opportunity presents a gross return of over 30% p/a (net of 22% p/a), making it an attractive proposition for savvy investors.
Building floor plans and rental schedules are available upon request for potential investors to peruse.
Contact us now to arrange a viewing and explore the potential of this prime property further.
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