R 2 999 999
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450 m² Commercial space in Troyeville

495 m² 450 m²

Block of retail shops on main road

A very well positioned commercial block of retail shops located on the busy main road of Albertini Sisulu - close to Ellis Park and the Johannesburg CBD.

This well managed block consisting of 14 individual shop space with 7 tenants occupying all this space - all shops with main road frontage. The tenancy is stable with shops currently ranging from a glass company, wheel alignment , car accessories and a roofing company.

The rental income solely is approximately R46 000 per month - with potential to increase this. There is pre paid electricity and additional separate ADMIN fee LEVIES -which would increase the income to about R 85 000 (approximate values).

A very good investment opportunity.

14 Shops with main road exposure

Currently all shops let

Located on the main road connecting the CBD to the East

Great central location

Excellent rental income

Property details

  • Listing number T4970146
  • Property type Commercial
  • Listing date 19 Feb 2025
  • Land size 495 m²
  • Floor size 450 m²
  • Rates and taxes R 9 534

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