Commercial space in Georgetown

Opportunity in Germiston Central: 18 Apartments with Shops Needing Tender

Loving Care

Introduction: Nestled in the heart of Germiston Central,

this property presents an exceptional investment opportunity for those with a

keen eye for potential. Comprising 18 apartments and several ground-level

shops, this real estate gem is waiting for a rejuvenation project that will

breathe new life into the heart of the city.

Property Overview:

Location: Germiston Central,

Gauteng, South Africa

Property Type: Residential and

Commercial

Total of 2 bachelors, 10 one bedrooms 4 two bedrooms, 2 three bedrooms, 4 shops , 28 rooms rooms, 6 showers , 8 toilets

Condition: In need of renovation and

TLC

Property Description: This property consists of a mixed-use

building with 18 apartments , 28 rooms and several shops located on the ground floor.

While its current condition requires some tender loving care, the potential for

profit and transformation is boundless.

Apartments: The 18 apartments offer a variety of floor

plans, ensuring flexibility for potential buyers or investors. With their

spacious layouts, these units have the potential to be transformed into modern,

attractive living spaces. The location in Germiston Central is highly

convenient, offering residents access to a wide range of amenities and

transportation options.

Shops: The ground-level shops provide excellent rental

income opportunities. With some renovation and a strategic tenant mix, these

spaces can cater to various commercial enterprises, enhancing the property''s

overall value.

Location: Germiston Central is a bustling hub with a rich

history and a vibrant community. Situated in close proximity to essential

services, public transportation, and recreational facilities, the property''s

location is its primary selling point.

Investment Potential:

Renovation Opportunity: The property

is in need of restoration and modernization. A thoughtful renovation can

significantly enhance the value of both the apartments and commercial

spaces, allowing for increased rental income.

Rental Income: Germiston Central''s

high demand for rental properties makes this an ideal investment for

passive income seekers. Once refurbished, the apartments and shops can

generate a steady stream of rental income.

Growth Potential: Germiston Central

has seen urban revitalization in recent years, and property values are on

the rise. Investing in this project presents the opportunity for

substantial capital appreciation over time.

Conclusion: For those

with an entrepreneurial spirit and a vision for potential, this property in

Germiston Central represents an incredible opportunity. With 18 apartments and

multiple shops in need of TLC, a well-executed renovation can breathe new life

into the building, ensuring long-term profitability and growth. Don''t miss out

on this prime investment opportunity to transform Germiston Central''s landscape

and your financial portfolio.