Commercial space in Townsview
An exceptional opportunity awaits investors with this full sectional title commercial property in Ridge Heights. This well-maintained building comprises 10 residential flats and 7 garages, offering a versatile income-generating asset in a sought-after location.
Property Breakdown:
Flats:
7 One-bedroom units (potential rental income: R4,500 each per month)
2 Bachelor units (potential rental income: R3,500 each per month)
Garages:
3 garages (Sections 11, 12, 13) rented at R500 each per month
4 garages (Sections 14, 15, 16, 17) rented at R800 each per month
Investment Highlights:
Strong rental potential with steady income streams from both residential units and garages
Prime sectional title ownership allows flexibility for individual or bulk sales
Centrally located with excellent access to amenities and transport routes
Whether you''re looking to expand your property portfolio or secure a high-yield investment, this offering delivers excellent value with a balanced mix of residential and ancillary rental income.
Contact us today for more information or to arrange a viewing. Dont miss this rare opportunity to own an entire sectional title property!
DORICEL (PTY) LTD trading as RE/MAX Superior (Mulbarton) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Property details
- Listing number T4925395
- Property type Commercial
- Listing date 20 Jan 2025
Property features
- Bedrooms 8
- Bathrooms 8
- Open parking 7