Commercial space in Birchleigh

Situated in the sought-after residential area of Birchleigh, this versatile mixed-use property combines commercial retail space with an extensive residential component, offering investors the opportunity to generate substantial rental income from a single property.

With an estimated potential rental income of approximately R75,000 per month, this property presents an attractive opportunity for investors looking to expand their portfolios and maximise their property investment returns.

STRONG RENTAL INCOME POTENTIAL

The property offers an estimated rental income of:

Monthly rental income: R75,000

Annual rental income: R900,000

Potential gross rental yield: Dependent on the purchase price.

Multiple income streams: Commercial space, residential flats and additional accommodation units.

These figures represent estimated rental potential and are not a guarantee of actual income. The final rental income will depend on occupancy, achievable market rentals, property condition and operating expenses.

COMMERCIAL SPACE WITH INCOME POTENTIAL

The spacious ground-floor commercial premises previously operated successfully as a mini-market and grocery shop, including a hot-food takeaway section.

The versatile space is suitable for a range of business opportunities, including:

Convenience stores and grocery retailers.

Takeaway food outlets.

Essential retail and service businesses.

Owner-operated businesses seeking an established residential customer base.

The commercial component has a history of rental activity, offering the potential to establish a new rental income stream or operate a business directly from the premises.

10 RESIDENTIAL FLATS

The residential section consists of 10 flats, providing an opportunity to generate recurring monthly rental income.

The accommodation comprises:

9 spacious two-bedroom flats.

1 large three-bedroom flat, currently under construction.

Each of the 10 main flats features its own private balcony, enhancing tenant appeal and providing additional outdoor living space.

Once completed, the three-bedroom flat could offer further rental income potential, subject to market conditions.

3 ADDITIONAL REAR MICRO-UNITS

The property also features three separate rear units, each consisting of a private room and bathroom. STRONG RENTAL INCOME POTENTIAL

The property offers an estimated rental income of:

Monthly rental income: R75,000

Annual rental income: R900,000

Potential gross rental yield: Dependent on the purchase price.

Multiple income streams: Commercial space, residential flats and additional accommodation units.

COMMERCIAL SPACE WITH INCOME POTENTIAL

The spacious ground-floor commercial premises previously operated successfully as a mini-market and grocery shop, including a hot-food takeaway section.

The versatile space is suitable for a range of business opportunities, including:

Convenience stores and grocery retailers.

Takeaway food outlets.

Essential retail and service businesses.

Owner-operated businesses seeking an established residential customer base.

The commercial component has a history of rental activity, offering the potential to establish a new rental income stream or operate a business directly from the premises.

10 RESIDENTIAL FLATS

The residential section consists of 10 flats, providing an opportunity to generate recurring monthly rental income.

The accommodation comprises:

9 spacious two-bedroom flats.

1 large three-bedroom flat, currently under construction.

Each of the 10 main flats features its own private balcony, enhancing tenant appeal and providing additional outdoor living space.

Once completed, the three-bedroom flat could offer further rental income potential, subject to market conditions.

3 ADDITIONAL REAR MICRO-UNITS

The property also features three separate rear units, each consisting of a private room and bathroom.

INVESTMENT RETURN CALCULATOR

With an estimated annual rental income of R900,000, the potential gross rental yield at different purchase prices would be:

Purchase Price Annual Rental Income Gross Rental Yield

R7,000,000 R900,000 12.86

YOUR NEXT PROPERTY INVESTMENT OPPORTUNITY

Combining an estimated R900,000 in potential annual rental income with a diverse mix of commercial and residential accommodation, this property offers an opportunity for investors seeking income generation and long-term capital appreciation.

Contact us today to arrange a viewing and explore the investment potential of this exceptional Birchleigh property.