R 5 000 000
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Commercial space in Primrose

7 7 1 680 m²

This unique property offers a blend of residential and commercial opportunities, making it a prime investment choice. The residential section includes 7 one-bedroom flats, each featuring a kitchen, toilet, and lounge, along with a spacious two-bedroom flat.

The commercial section consists of 6 fully tenanted retail shops, ensuring a steady income stream. Additionally, there are 7 storage cubicles currently used by the owner for personal use, but with the potential to be converted into additional residential units for increased rental income.

For investors looking to expand, there is also the opportunity to build additional residential apartments on top of the storage units, unlocking even more revenue potential.

The property is fully secured with burglar bars, and all units operate on pre-paid electricity for easy management.

Viewing strictly with agent and by appointment only.

Property details

  • Listing number T4950245
  • Property type Commercial
  • Listing date 6 Feb 2025
  • Land size 680 m²
  • Rates and taxes R 2 600
  • Levies R 605

Property features

  • Bedrooms 7
  • Bathrooms 7
  • Open parking 1

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