New
Sole Mandate
- 13
- 13
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Property description
Commercial Property for Sale – Prime Location in Lenasia. Attention savvy investors! This commercial property, located in a prime area of Lenasia, is a rare find at a steal of a price, offering a lucrative investment opportunity with a return on investment (ROI) above 10%. This property features 13 spacious flats and 3 shops, all fully tenanted, generating a total rental income of R60,270 for September 2024. Each unit offers steady monthly returns, making this a hassle-free investment that practically pays for itself:
Flat 1: R4,200
Flat 2: R4,500
Flat 3: R2,500
Flat 4: R5,500
Flat 5: R5,500
Flat 6: R4,500
Flat 7: R4,500
Flat 8: R4,725
Flat 9: R4,500
Flat 10: R4,725
Flat 11: R5,670
Flat 12: R4,725
Flat 13: R4,725
Along with the consistent residential rental income, the three commercial shops provide an added revenue stream, further boosting the property’s investment potential.
Why Buy?
High ROI: With a return on investment over 10%, this property offers incredible financial returns with minimal risk.
Prime Location: Situated in the heart of Lenasia, this property benefits from high foot traffic and easy access to local amenities, ensuring ongoing demand for both the flats and commercial spaces.
Steady Rental Income: Fully tenanted with a total monthly income of R60,270, this property is already set up to generate consistent cash flow.
Diverse Income Streams: With a mix of 13 residential flats and 3 commercial shops, this property offers multiple streams of income, maximizing its investment potential.
Investor’s Dream: Whether you’re looking to expand your portfolio or make your first big commercial investment, this property is a golden opportunity with everything in place for immediate returns.
Below Market Value: This is a once-in-a-lifetime opportunity to buy at a price well below market value in such a prime location.Don’t miss your chance to own this income-generating property in Lenasia! With high demand, a prime location, and exceptional ROI, this property won’t be on the market for long. Ready to see your investment grow? Let’s make it happen! Contact Us Today For An Exclusive Viewing!
Property Details
- 13 Bedrooms
- 13 Bathrooms
- 13 Lounges
- 13 Dining Area
Property Features
Bedrooms | 13 |
Bathrooms | 13 |
Contact the Agent
Faizaan Rangraze
Candidate Property Practitioner
Muhammed Shaik
Candidate Property Practitioner