1 249 m² Commercial space in Lotus River

Investment with a Development Opportunity for Sale

Investment Development Opportunity:

This property offers:

4 127m2 total erf size.

GB1 Zoning

2 300m2 is flat vacant land

One four-bedroom house on the erf.

Five retail stores on the erf.

The Retail Stores

Has a combined rental income of R 56 000,00 per month.

Solid long-term leases in place with development clause.

Fully let.

Leases managed by Rawson Properties Constantia.

The Residence:

Four bedrooms

Market Value R 1, 5 million

Rental potential R 12 000,00 per month.

The Vacant Land

2 300m2 flat open land.

Behind walls with separate gate for entry.

Ideal for a residential or commercial development.

Electricity substation in front of the property.

Asking price R 8 500 000,00 NO VAT

Viewings by appointment only