124 m² Retail Space in Mayfair West

Prime Investment Opportunity: Mixed-Use Building in Mayfair, Johannesburg

This exceptional mixed-use building, situated in the bustling heart of Mayfair, Johannesburg, presents a compelling investment opportunity for those seeking a property with diverse income potential. Boasting a strategic corner location, this 124 square meter building offers a versatile layout designed to maximize returns.

Ground Floor:

* Two Retail Shops: The ground floor features two distinct retail spaces, ideal for generating immediate rental income. These shops benefit from high visibility and foot traffic due to the building''s prime corner location.

* Corner Location with High Visibility: The building''s corner position significantly enhances its business potential, offering exceptional exposure to passing traffic and pedestrians. This strategic placement presents a unique opportunity for a variety of businesses to thrive.

* Serious Business Potential: The high traffic area surrounding the building ensures consistent exposure and opportunities for business growth.

First Floor:

* Upstairs Rooms: The first floor offers versatile rooms that can be adapted to suit various needs. These spaces can be utilized as additional retail storage, office space, or converted into accommodation, providing flexible income streams.

Second Floor:

* Three Bachelor Units: The second floor comprises three self-contained bachelor units, perfect for residential rentals. These units offer a reliable source of passive income, catering to the demand for affordable housing in the area.

Key Features:

* Location: Situated in the vibrant and high-demand area of Mayfair, Johannesburg, ensuring consistent tenant interest and strong rental potential.

* Size: 124 square meters, maximizing space utilization and income generation.

* Mixed-Use Potential: The building''s adaptable layout allows for a combination of retail and residential income streams, diversifying investment returns.

* Corner Location: A highly desirable feature, offering exceptional visibility and business potential.

* Price: R2,450,000.

Investment Highlights:

* This property represents a solid investment in a thriving commercial and residential area.

* The combination of retail and residential units provides a diversified income portfolio.

* The strategic corner location offers significant business growth potential.

* Mayfair is a busy area, ensuring a steady stream of potential clients and tenants.

Don''t miss out on this exceptional opportunity to acquire a versatile and income-generating property in one of Johannesburg''s most dynamic neighborhoods.