- 310 m2
- 349 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 2295.00
Property description
Looking for an investment property with plenty of potential in a prime location in Mowbray ?
This commercial zoned (general business) is located in the popular and busy Mowbray precinct and conveniently situated opposite and within walking distance to the Taxi rank, bus and train stations. The area has major visibility and due to its location, has a very strong foot traffic presence, within a high trading density area with very low vacancies, thus attracting premium rentals.
The property is currently fully tenanted generating a monthly income of R49 200 from 5 line shops, viz :
pizza place; hair salon; food delivery; computer and cellphone repairs and a grocery shop.
This property is an ideal opportunity for investors looking to secure a steady income stream in a prime major visibility location.
Don't delay, call me today to arrange a viewing !!
Property Details
Property Features
| Floor Area | 310 m2 |
| Erf Size | 349 m2 |
Contact the Agent
Reyadh Jacobs
Full Status Property Practitioner