Commercial space in Germiston Central

Discover a compelling commercial investment opportunity in the heart of Germiston Central, Germiston, South Africa. This multi-story property presents significant mixed-use potential, ideal for investors seeking to capitalise on both retail and residential or office sectors. While the exterior and interior currently reflect a dated appearance and require substantial renovation, this blank canvas offers immense scope for modernisation and value creation.

The building features a prominent ground-floor retail space, complete with large display windows and a secure central entrance, perfect for attracting street-level clientele. The upper floors are configured with three bedrooms, four bathrooms, and a kitchen, suggesting adaptable layouts for either residential apartments or versatile office units. With an Erf size of 357 sqm, the property provides a solid footprint for redevelopment. The current state, marked by worn finishes, peeling paint, and cluttered interiors, underscores the opportunity for a complete transformation to meet contemporary market demands.

This property is a prime candidate for a strategic renovation project, promising a strong return on investment through diversified income streams. Imagine a vibrant retail outlet on the ground floor complemented by modern, appealing living or working spaces above. The existing security gates and window grills provide a foundational layer of protection, which can be integrated into a comprehensive upgrade.

Situated in Germiston Central, the property benefits from its location within a bustling urban environment, ensuring good visibility and accessibility. This area is known for its commercial activity, making it an attractive prospect for businesses and residents alike.

Key Features:

Mixed-use commercial property

Ground-floor retail potential

Upper-level residentialoffice space 3 beds, 4 baths, 1 kitchen

Erf size: 357 sqm

Significant renovation and redevelopment opportunity

Existing security features

Prime location in Germiston Central

GRANITE PARK INVESTMENTS 73 CC trading as REMAX All Stars Alberton operates in terms of a franchise agreement with REMAX of Southern Africa.