553 m² Commercial space in Newlands

Introducing a lucrative investment opportunity in the heart of Newlands! This property boasts a total area of 1295 square meters, with 553 square meters dedicated to commercial space featuring four shop fronts. Additionally, the property includes seven residential rooms located at the back. Currently generating a monthly income ranging between R30,000 and R45,000, this property presents an attractive proposition for investors seeking steady returns. The asking price for the entire property is set at 2,950,000 (no VAT).