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Apartment
·
for sale
R 850 000
R 1 859/m²
Commercial Property in Germiston South For Sale
Jan Smutsville
· 457 m² · Apartment
Jan Smutsville · 457 m² · Apartment
Commercial Property in Joubert Street, Germiston This commercial corner property represents a strong investment opportunity situated on a main busy road in Germiston South. The property is zoned commercial and residential with established business and commercial rights, making it ideal for retail and commercial operations. The property currently generates rental income through five retail shops, with a few units tenanted. The existing tenants include a supermarket / takeaway, and laundromat, currently producing R14,000 per month in rental income. With full occupancy, the property has the potential to generate in excess of R25,000 per month, delivering a return on investment exceeding 20 percent. This demonstrates the strong income-generating capability of the asset. Key Features Corner stand location on main busy road with high visibility Five retail shop units with established tenant base Current rental income of R14,000 per month with expansion potential Zoned commercial and resident
Commercial Property in Joubert Street, Germiston This commercial corner property represents a strong investment opportunity situated on a main busy road in Germiston South. The property is zoned commercial and residential with established business and commercial rights, making it ideal for retail and commercial operations. The property currently generates rental income through five retail shops, with a few units tenanted. The existing tenants include a supermarket / takeaway, and laundromat, currently producing R14,000 per month in rental income. With full occupancy, the property has the potential to generate in excess of R25,000 per month, delivering a return on investment exceeding 20 percent. This demonstrates the strong income-generating capability of the asset. Key Features Corner stand location on main busy road with high visibility Five retail shop units with established tenant base Current rental income of R14,000 per month with expansion potential Zoned commercial and resident
R 850 000