View photo
Apartment
·
for sale
R 1 599 000
R 13 325/m²
Commercial Property in Mayfair For Sale
Melville, City of Johannesburg Metropolitan Municipality
· 120 m² · 6 Bedrooms · 4 Baths · Apartment
Melville, City of Johannesburg Metropolitan Municipality · 120 m² · 6 Bedrooms · 4 Baths · Apartment
Prime Mixed-Use Investment Opportunity in the Heart of Mayfair Unlock the potential of this income-generating mixed-use property, perfectly positioned in the heart of Mayfair. Offering both residential and commercial income streams, this is an excellent opportunity for investors seeking strong monthly returns. The property features 2 lock-up retail shops on the ground floor, with a well-established supermarket currently occupying one of the commercial spaces. The upper levels comprise 4 residential units, including 3 bachelor apartments and 1 spacious one-bedroom apartment with a lounge, kitchen, and bathroom. Generating a monthly income of approximately R20,000, this property offers an attractive return with room for future growth. Property Features: Asking Price: R1,600,000 Prime Mayfair location Mixed-use investment property 2 Lock-up retail shops (ground floor) 3 Bachelor units 1 One-bedroom apartment with lounge, kitchen & bathroom Total building size: 120 m² No parking Rental inc
Prime Mixed-Use Investment Opportunity in the Heart of Mayfair Unlock the potential of this income-generating mixed-use property, perfectly positioned in the heart of Mayfair. Offering both residential and commercial income streams, this is an excellent opportunity for investors seeking strong monthly returns. The property features 2 lock-up retail shops on the ground floor, with a well-established supermarket currently occupying one of the commercial spaces. The upper levels comprise 4 residential units, including 3 bachelor apartments and 1 spacious one-bedroom apartment with a lounge, kitchen, and bathroom. Generating a monthly income of approximately R20,000, this property offers an attractive return with room for future growth. Property Features: Asking Price: R1,600,000 Prime Mayfair location Mixed-use investment property 2 Lock-up retail shops (ground floor) 3 Bachelor units 1 One-bedroom apartment with lounge, kitchen & bathroom Total building size: 120 m² No parking Rental inc
R 1 599 000