1 044 m² Commercial space in Benoni Central

An exciting commercial project for visionary investors and developers located on high-footfall Princes Avenue in the heart of Benoni Central.

The building is fully occupied by 3 trading tenants utilizing both ground and upper levels, providing an immediate cash flow of R20,000pm while plans are finalized.

Current Gross Income: R20,000month 10.4 starting yield

Total Improvements: 1,044 m² over 2 levels | Erf Size: 595 m²

The Opportunity:

This property requires a refurbishment and revamp to unlock its true market potential. By upgrading the facade, shopfronts, and upper-level spaces, a new owner can significantly boost rental rates, attract national or higher-paying tenants, and capitalize on high-exposure exterior wall signage.

Key Features:

Low Entry Cost: Priced at under R2,205 per m² of total building area.

Pre-paid Meters: Individual pre-paid electricity meters already installed for each tenant.

Massive Upside: Current effective rental is only R19.15m²a post-revamp repositioning will yield substantial capital appreciation and rental escalation.