Commercial space in Townsview
An exceptional opportunity awaits investors with this full sectional title commercial property in Ridge Heights. This well-maintained building comprises 10 residential flats and 7 garages, offering a versatile income-generating asset in a sought-after location.
Property Breakdown:
Flats:
7 One-bedroom units potential rental income: R4,500 each per month
- 2 Bachelor units potential rental income: R3,500 each per month
- Garages:
3 garages Sections 11, 12, 13 - rented at R500 each per month
- 4 garages Sections 14, 15, 16, 17 - rented at R800 each per month
Investment Highlights:
Strong rental potential with steady income streams from both residential units and garages
- Prime sectional title ownership allows flexibility for individual or bulk sales
- Centrally located with excellent access to amenities and transport routes
Whether you''re looking to expand your property portfolio or secure a high-yield investment, this offering delivers excellent value with a balanced mix of residential and ancillary rental income.
Contact us today for more information or to arrange a viewing. Don''t miss this rare opportunity to own an entire sectional title property!
DORICEL PTY LTD trading as REMAX Superior Mulbarton operates in terms of a franchise agreement with REMAX of Southern Africa.
Property details
- Listing number T4925395
- Property type Commercial
- Listing date 20 Jan 2025
Property features
- Bedrooms 8
- Bathrooms 8
- Open parking 7