Commercial space in Germiston South

Commercial Property in Joubert Street, Germiston

This commercial corner property represents a strong investment opportunity situated on a main busy road in Germiston South. The property is zoned commercial and residential with established business and commercial rights, making it ideal for retail and commercial operations.

The property currently generates rental income through five retail shops, with a few units tenanted. The existing tenants include a supermarket takeaway, and laundromat, currently producing R14,000 per month in rental income. With full occupancy, the property has the potential to generate in excess of R25,000 per month, delivering a return on investment exceeding 20 percent. This demonstrates the strong income-generating capability of the asset.

Key Features

Corner stand location on main busy road with high visibility

Five retail shop units with established tenant base

Current rental income of R14,000 per month with expansion potential

Zoned commercial and residential with full business rights

457 sqm land area providing substantial development scope

Expansion potential to two-storey development

Strong ROI potential exceeding 20 percent

The property''s corner position on a busy thoroughfare ensures excellent foot traffic and customer visibility for retail operations. The expansion possibilities, with the ability to develop up to two storeys, provide significant upside potential for investors seeking to increase rental yields. This is a well-positioned commercial asset in an established retail area with proven income generation and strong growth prospects. Contact us today to arrange a viewing and discuss the investment potential of this property.

DAZZLE REALTORS PTY LTD trading as REMAX Dazzle Benoni operates in terms of a franchise agreement with REMAX of Southern Africa.