Retail space in Benoni AH

Benoni, Gauteng , Agricultural holding subdivision , Eight accommodation units with immediate income

For the investor who sees beyond the present condition of a property, this opportunity offers an existing rental accommodation setup, separate resident access and vacant ground with potential for further development, subject to the necessary approvals.

The property portion being offered for sale measures just over 1,053 m² and includes eight accommodation units designed for short- or long-term rental use. You also have access to the gardeners 1 bedroom unit.

An established accommodation setup

The units offer a starting point for an investor seeking to manage multiple rental spaces within one property.

Units features solar power and fibre connectivity.

An opportunity to add value

The kitchens and bathrooms are dated, allowing a prospective purchaser to evaluate possible improvements and plan renovations in line with their budget and rental strategy.

At the end of the property, vacant ground provides scope to investigate the possibility of additional rental accommodation, subject to zoning, land-use rights, building-plan approval, municipal requirements and available services.

The rental accommodation has its own access gate, providing a separate entrance for residents.

Who might this property suit

This opportunity may appeal to an investor seeking an existing multi-unit rental setup, a buyer interested in managing accommodation for short- or long-term tenants, or someone who wishes to assess the potential for future improvements and expansion.

The investment case should be evaluated against verified rental agreements, operating expenses, maintenance requirements, occupancy and the applicable land-use rights.

Interested in exploring the opportunity

Contact Trudie at To the T Realty | Keller Williams Edge to enquire further and arrange a viewing.