Commercial space in Mayfair West

Prime Mixed-Use Investment Opportunity in the Heart of Mayfair Unlock the potential of this income-generating mixed-use property, perfectly positioned in the heart of Mayfair. Offering both residential and commercial income streams, this is an excellent opportunity for investors seeking strong monthly returns. The property features 2 lock-up retail shops on the ground floor, with a well-established supermarket currently occupying one of the commercial spaces. The upper levels comprise 4 residential units, including 3 bachelor apartments and 1 spacious one-bedroom apartment with a lounge, kitchen, and bathroom. Generating a monthly income of approximately R20,000, this property offers an attractive return with room for future growth. Property Features: Asking Price: R1,600,000 Prime Mayfair location Mixed-use investment property 2 Lock-up retail shops ground floor 3 Bachelor units 1 One-bedroom apartment with lounge, kitchen andamp bathroom Total building size: 120 m² No parking Net rental income: R20,000 per month Excellent exposure and easy access to major transport routes A fantastic investment opportunity for buyers looking to expand their property portfolio with a well-located, income-producing asset.

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