Commercial space in Primrose

An excellent income-generating mixed-use property located in the heart of Germiston CBD, offering strong returns and consistent occupancy.

The building comprises a total of 36 residential flats, made up of 18 one-bedroom units and 18 two-bedroom units, as well as 9 street-front retail shops. The property is well tenanted with good, reliable tenants and enjoys high occupancy levels, making it an ideal turnkey investment.

The current gross monthly rental income is approximately R200,000, excluding utilities. Water and electricity are billed separately, reducing owner exposure and improving net returns.

The seller is motivated and will consider offers around R15 million.

Key Features:

36 Residential Units 18 x 1-bed, 18 x 2-bed

9 Retail Shops

High occupancy

Strong rental demand

R200,000 gross monthly income excluding utilities

Utilities billed separately

Central CBD location close to transport, amenities, and business hubs

This property presents a solid opportunity for investors seeking stable cash flow and long-term growth in a well-established commercial node.