Commercial space in Richmond Estate

An outstanding opportunity to acquire a high-performing, fully tenanted investment property offering an impressive 10 return on investment ROI. With reliable tenants in place and existing lease agreements across all units, this is a turnkey investment that provides immediate, stable rental income from day one. The property comprises 7 commercial spaces and 13 residential flatlets, consisting of: 7 two-bedroom apartments 6 one-bedroom apartments All units are fully occupied, ensuring consistent cash flow and minimal vacancy risk. Set across 7 consolidated erven with a combined land size of approximately 2,400 m², the property offers significant scale and long-term value, with potential for future enhancement or expansion, subject to the necessary approvals. The sale is VAT applicable however, the property may also be purchased as a going concern, allowing the transaction to qualify for zero-rated VAT, subject to SARS requirements and all relevant conditions being met. Call for an Exclusive Viewing!

EDHANE EIENDOMME PTY LTD trading as REMAX De Kloof Panorama operates in terms of a franchise agreement with REMAX of Southern Africa.