R 6 900 000

Commercial Property for Sale in Lenasia Ext 1

16 Concord Place, Lenasia Ext 1, Johannesburg

637 m²
- m²: 637 m²
- Hectares: 0.064 ha
- Acres: 0.157 acres

Commercial Property for Sale in Central Lenasia Business Centre

A Rare Gem in the Heart of Lenasia

We are excited to present this fantastic commercial property in the bustling Central Lenasia Business Centre. Offering a unique combination of commercial and residential spaces, this property is ideal for investors seeking a high-potential opportunity with diverse income streams.

Property Overview:

• Location: Central Lenasia Business Centre

• Property Type: Commercial Building with Residential Units

• Floors: Ground floor with 5 retail shops, 1st and 2nd floors featuring 8 x 2-bedroom apartments

• Elevator: Fully operational (one of only two buildings in the area with this feature)

Commercial Spaces (Ground Floor):

• Five retail shops perfect for a variety of businesses

• High foot traffic in the heart of the business district

• Suitable for retail, offices,...

Commercial Property for Sale in Central Lenasia Business Centre

A Rare Gem in the Heart of Lenasia

We are excited to present this fantastic commercial property in the bustling Central Lenasia Business Centre. Offering a unique combination of commercial and residential spaces, this property is ideal for investors seeking a high-potential opportunity with diverse income streams.

Property Overview:

• Location: Central Lenasia Business Centre

• Property Type: Commercial Building with Residential Units

• Floors: Ground floor with 5 retail shops, 1st and 2nd floors featuring 8 x 2-bedroom apartments

• Elevator: Fully operational (one of only two buildings in the area with this feature)

Commercial Spaces (Ground Floor):

• Five retail shops perfect for a variety of businesses

• High foot traffic in the heart of the business district

• Suitable for retail, offices, or service-based businesses

Residential Units (1st and 2nd Floors):

• 8 x spacious 2-bedroom apartments

o Bedrooms with fully fitted cupboards

o Modern, fully equipped kitchens

o Open-plan lounge and dining area

o Private balconies for each unit

Additional Features:

• Mezzanine Floor: Offers additional flexible space for tenants or businesses

• Prayer Room: Dedicated space catering to the community's cultural and spiritual needs

• Well-Maintained: Building in excellent condition, minimizing renovation costs

• Competitively Priced: Perfect for a quick sale, with excellent rental income potential

Why Invest in This Property?

1. Prime Location: Located in the busy business centre, ensuring high visibility and accessibility

2. Multiple Income Streams: Offering rental income from both residential and commercial tenants

3. Rare Feature: The building includes a fully functional elevator, making it stand out from the rest

4. Turnkey Investment: The property is well-maintained, saving time and money on renovations

Listing number: P24-114922333, Image number: 1

Listing number: P24-114922333, Image number: 2

Listing number: P24-114922333, Image number: 3

Listing number: P24-114922333, Image number: 4

Listing number: P24-114922333, Image number: 5

Property Overview

Listing Number

114922333

Type of Property

Commercial Property

Street Address

16 Concord Place, Lenasia Ext 1

Listing Date

11 September 2024

Erf Size

637 m²

Points of Interest

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