1 250 m² Commercial space in Mindalore

Prime Mixed-Use Investment | R640,000 Net Annual Income

Exceptional high-yield mixed-use investment opportunity in MindaloreWitpoortjie, offering strong, diversified income and long-term stability.

This well-maintained property comprises:

16 studio apartments, each with an en-suite bathroom and kitchenette

8 ground-floor retail units with established tenants

On-site caretaker responsible for maintenance and rent collection

The building is structured for efficient, low-maintenance operation, with a reliable tenant base and consistent rental demand.

INCOME BREAKDOWN

Residential Income: R39,500 per month

Retail Income: R38,800 per month

Electricity Recovery: R16,000 per month

Gross Monthly Income: R94,300

Net Monthly Income: R53,500

Net Annual Income: R642,000

INVESTMENT HIGHLIGHTS

15.2 net yield at the asking price

24 income-generating units providing diversified income

Strong mix of residential and retail tenants

High-volume borehole with filtration system

Well-maintained structure with key upgrades completed

On-site caretaker ensuring smooth day-to-day operations

WHY THIS PROPERTY STANDS OUT

The combination of residential and retail income creates a balanced and resilient investment. Utility recoveries enhance overall returns, while the number of units reduces vacancy risk.

This is a proven income-generating asset suited to investors focused on strong monthly cash flow and long-term stability.

High-yield opportunities at this level are limited.

Contact us for a full financial breakdown or to arrange a viewing.