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R 9 500 000

House for Sale in Lenasia Ext 8

Lenasia Ext 8, Johannesburg
  • Bathrooms 1
  • Erf Size 866 m²
    • m²: 866 m²
    • Hectares: 0.087 ha
    • Acres: 0.214 acres
Prime Multi-Use Property with High Revenue Potential !!

This Property Offers A Unique Investment Opportunity, Boasting A Diversified Mix Of Tenants Across Multiple Floors, With Existing Income Streams And Significant Potential For Increased Revenue.

GROUND FLOOR OVERVIEW:

Fully Occupied With A Variety Of Businesses, Each Contributing To A Steady Monthly Income. Key Tenants Include A Hardware Store, Takeaway Shop, Signage Shop, Cell Shop, Hair Salon, And An Eating Place. These Businesses Cater To A Wide Range Of Customers, Ensuring A Consistent Flow Of Income. The Presence Of An Upstairs Office, Associated With The Hardware Store, Adds Further Value To The Ground Floor Revenue.

FIRST FLOOR:

The First Floor Is Currently Home To Three Established Businesses: A Psychology Practice, A Beauty Inn, And A Computer Services Company. These Tenants Provide A Solid Foundation For Monthly Income

SECOND FLOOR:

Currently...

This Property Offers A Unique Investment Opportunity, Boasting A Diversified Mix Of Tenants Across Multiple Floors, With Existing Income Streams And Significant Potential For Increased Revenue.

GROUND FLOOR OVERVIEW:

Fully Occupied With A Variety Of Businesses, Each Contributing To A Steady Monthly Income. Key Tenants Include A Hardware Store, Takeaway Shop, Signage Shop, Cell Shop, Hair Salon, And An Eating Place. These Businesses Cater To A Wide Range Of Customers, Ensuring A Consistent Flow Of Income. The Presence Of An Upstairs Office, Associated With The Hardware Store, Adds Further Value To The Ground Floor Revenue.

FIRST FLOOR:

The First Floor Is Currently Home To Three Established Businesses: A Psychology Practice, A Beauty Inn, And A Computer Services Company. These Tenants Provide A Solid Foundation For Monthly Income

SECOND FLOOR:

Currently Underutilized, With A Vacant Top Unit Available For Lease. This Unit Offers An Additional Income Stream.

FINANCIAL OVERVIEW

The Property Is Already Generating A Substantial Annual Income,

With Monthly Earnings From The Existing Tenants. The Current Expenses Are Well-Managed, Allowing For A Healthy Net Annual Income , Positioning This Property As A Highly Profitable Investment.

Invest In This High-Yield Property And Unlock Its Full Income Potential!

Bathrooms Bathrooms: 1
Listing number: P24-114857457, Image number: 1
Listing number: P24-114857457, Image number: 2
Listing number: P24-114857457, Image number: 3
Listing number: P24-114857457, Image number: 4
Listing number: P24-114857457, Image number: 5
Listing number: P24-114857457, Image number: 6
Listing number: P24-114857457, Image number: 7
Listing number: P24-114857457, Image number: 8
Listing number: P24-114857457, Image number: 9
Property Overview
Listing Number
114857457
Type of Property
House
Listing Date
28 August 2024
Erf Size
866 m²
Floor Size
497 m²
Rates and Taxes
R 5
Bathrooms
1
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