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POA

Commercial Property On Auction in Maitland

431 Voortrekker Rd, Maitland, Cape Town, 7405, Maitland, Cape Town

913 m²

AUCTION

Contact Broker

Itai Ilouze

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Auction: 431 Voortrekker Rd, Maitland

This exceptional property offers a Gross Annual Income of around R1,230,516 showcasing its strong financial performance and providing an attractive investment opportunity. With a solid rental income stream and the potential for significant rental growth, the property is situated in a high-demand area, ensuring sustained interest from tenants and future investors. The strategic location and robust tenancy profile further enhance its appeal, making it an ideal asset for those seeking long-term, stable returns in a growing market.

Adding even more value to this offering is the unutilized development bulk of 4776m², providing ample opportunity for future expansion or redevelopment. With Mixed Use 2 Zoning in place, the property presents versatile options for commercial, residential, or mixed-use development. Whether you're looking to expand existing rental offerings or...