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Commercial Property for Sale in Lewisham
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2 400 m²
Contact Broker
Anton Schulz
Mixed use resi-commercial investment property
Wel-located in a commercial and residential hub, directly on Albertina Sisulu road in Lewisham. This multi-storey building comprises 11 residential flats (1 and 2 bedrooms, all with balconies) as well as 4 tenanted retail shops on street level including a large furniture shop of around 500 m2. Other facilities include storage areas, ablution facilities and 11 covered parking bays. The building is well-maintained and the roof has been recently renovated and fitted with new IBR roof sheeting. The flats are also in good condition. Great investment property with a fully let net income of around R600,000 per annum.
**The commercial portion can be VAT zero-rated, residential section will attract transfer duty**
Property Overview
Listing Number
114620420
Type of Property
Commercial Property
Street Address
Listing Date
04 July 2024
Erf Size
1 441 m²
Floor Size
1441 m²
Rates and Taxes
R 11 211
Building
Gross Lettable Area
2400 m²
Points of Interest
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