16 Bedroom House in Fordsburg

Prime investment opportunity in Fordsburg, ideally positioned directly opposite the Oriental Plaza. This well-maintained, maintenance-free face brick building offers a combination of substantial retail and residential accommodation.

Property Highlights:

500 sqm ground-floor retail space

Potential retail rental: R25,000R30,000 per month, excluding utilities

Excellent retail frontage and versatile commercial space

9 residential units

Spacious 3-bedroom units with fitted kitchens

Bachelor flats

Large upper-floor residential accommodation with 8 bedrooms and 4 bathrooms

Potential to subdivide upper floors into additional units, subject to approvals

Lift access to all floors

Individually metered electricity

2 undercover parking bays

ERF size: 493 sqm

Rates & Taxes: R6,000 per month

Face brick, low-maintenance construction

Investment Potential

The 500 sqm retail component provides an attractive commercial income opportunity, while the residential units offer additional rental potential. The property''s mixed-use configuration creates flexibility for residential, retail, student or shared accommodation.

A strategically positioned income-generating property in the heart of Fordsburg, directly opposite the Oriental Plaza.

Contact Deetesh Ranchod to arrange a viewing.