POA

855 m² Commercial space in Delarey

10 12 539 m² 855 m²

Serious Seller! All reasonable offers will be considered!

Positioned on the bustling Ontdekkers Road, this solid mixed-use property offers both stability and growth potential. The building consists of 10 residential flats and 6 ground-floor retail shops, ensuring a diversified tenant mix and reliable income streams.

90% Let.

The building is well maintained with an on-site caretaker. Each apartment and shop has its own electricity and/or water meter.

Current Gross Monthly Income: R54,400

Configuration: 10 flats + 6 shops

Location: High-visibility site on Ontdekkers Road, with excellent foot and vehicle traffic

Investment Appeal: Strong rental demand in the area, immediate income from established tenants, and potential for rental escalations over time