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R 5 199 999

Commercial Property for Sale in Lenasia South

Lenasia South, Johannesburg

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Commercial property flats and retail shops for sale in prime lenasia south!

Owner Asking R5 500 000 , Is Willing To Negotiate Offer’s From R5 000 000

Commercial Property for Sale – Prime Location in Lenasia. Attention savvy investors! This commercial property, located in a prime area of Lenasia, is a rare find at a steal of a price, offering a lucrative investment opportunity with a return on investment (ROI) above 10%. This property features 13 spacious flats and 3 shops, all fully tenanted, generating a total rental income of R60,270 for September 2024. Each unit offers steady monthly returns, making this a hassle-free investment that practically pays for itself:

Flat 1: R4,200

Flat 2: R4,500

Flat 3: R2,500

Flat 4: R5,500

Flat 5: R5,500

Flat 6: R4,500

Flat 7: R4,500

Flat 8: R4,725

Flat 9: R4,500

Flat 10: R4,725

Flat 11: R5,670

Flat 12: R4,725

Flat 13: R4,725

Along with the consistent residential rental income, the three commercial shops...

Owner Asking R5 500 000 , Is Willing To Negotiate Offer’s From R5 000 000

Flat 1: R4,200

Flat 2: R4,500

Flat 3: R2,500

Flat 4: R5,500

Flat 5: R5,500

Flat 6: R4,500

Flat 7: R4,500

Flat 8: R4,725

Flat 9: R4,500

Flat 10: R4,725

Flat 11: R5,670

Flat 12: R4,725

Flat 13: R4,725

Along with the consistent residential rental income, the three commercial shops provide an added revenue stream, further boosting the property’s investment potential.

Why Buy?

High ROI: With a return on investment over 10%, this property offers incredible financial returns with minimal risk.

Prime Location: Situated in the heart of Lenasia, this property benefits from high foot traffic and easy access to local amenities, ensuring ongoing demand for both the flats and commercial spaces.

Steady Rental Income: Fully tenanted with a total monthly income of R60,270, this property is already set up to generate consistent cash flow.

Diverse Income Streams: With a mix of 13 residential flats and 3 commercial shops, this property offers multiple streams of income, maximizing its investment potential.

Investor’s Dream: Whether you’re looking to expand your portfolio or make your first big commercial investment, this property is a golden opportunity with everything in place for immediate returns.

Below Market Value: This is a once-in-a-lifetime opportunity to buy at a price well below market value in such a prime location. Don’t miss your chance to own this income-generating property in Lenasia! With high demand, a prime location, and exceptional ROI, this property won’t be on the market for long. Ready to see your investment grow? Let’s make it happen! Contact Us Today For An Exclusive Viewing!

Listing number: P24-115125538, Image number: 1

Listing number: P24-115125538, Image number: 2

Listing number: P24-115125538, Image number: 3

Listing number: P24-115125538, Image number: 4

Listing number: P24-115125538, Image number: 5

Listing number: P24-115125538, Image number: 6

Listing number: P24-115125538, Image number: 7

Listing number: P24-115125538, Image number: 8

Listing number: P24-115125538, Image number: 9

Property Overview

Listing Number

115125538

Type of Property

Commercial Property

Lifestyle

Complex, Gated Community, Security Complex, Suburban

Listing Date

25 October 2024

Pets Allowed

Facilities

Bedrooms

Bedroom 1

Bedroom 2

Bedroom 3

Bedroom 4

Bedroom 5

Bedroom 6

Bedroom 7

Bedroom 8

Bedroom 9

Bedroom 10

Bedroom 11

Bedroom 12

Bedroom 13

Bathrooms

Kitchens

External Features

Parking

Outside Areas

Building

Multi Tenanted

Yes

Standalone Building

Number of floors

Other Features

Security

Totally Fenced, Electric Gate, Security Gate, Burglar Bars, Electric fencing, Perimeter Wall

Nearby Public Transport

Bus, Minibus Taxi

Internet Access

ADSL, Fibre

Points of Interest

Bond Calculator

*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.