Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.
R 3 990 000

Commercial Property for Sale in Mowbray

  • Floor Size 275 m²
Investment opportunity in prime location in Mowbray

Looking for an investment property with plenty of potential in a prime location in Mowbray ?

This commercial zoned (general business) is located in the popular and busy Mowbray precinct and conveniently situated opposite and within walking distance to the Taxi rank, bus and train stations. The area has major visibility and due to its location, has a very strong foot traffic presence, within a high trading density area with very low vacancies, thus attracting premium rentals.

The property is currently fully tenanted generating a monthly income of R48 000 from 5 line shops, viz :

pizza place; hair salon; food delivery; computer and cellphone repairs and a grocery shop.

This property is an ideal opportunity for investors looking to secure a steady income stream in a prime major visibility location.

This property is situated right next door to a separate semi-detached...

Looking for an investment property with plenty of potential in a prime location in Mowbray ?

This commercial zoned (general business) is located in the popular and busy Mowbray precinct and conveniently situated opposite and within walking distance to the Taxi rank, bus and train stations. The area has major visibility and due to its location, has a very strong foot traffic presence, within a high trading density area with very low vacancies, thus attracting premium rentals.

The property is currently fully tenanted generating a monthly income of R48 000 from 5 line shops, viz :

pizza place; hair salon; food delivery; computer and cellphone repairs and a grocery shop.

This property is an ideal opportunity for investors looking to secure a steady income stream in a prime major visibility location.

This property is situated right next door to a separate semi-detached house with commercial / general business zoning which is also on the market via the same owner for R1 490 000. This will be an ideal opportunity for a property developer / investor to purchase both properties jointly for R5 480 000.

Don't delay, call me today to arrange a viewing !!

Listing number: P24-112840991, Image number: 1
Listing number: P24-112840991, Image number: 2
Listing number: P24-112840991, Image number: 3
Listing number: P24-112840991, Image number: 4
Listing number: P24-112840991, Image number: 5
Listing number: P24-112840991, Image number: 6
Listing number: P24-112840991, Image number: 7
Listing number: P24-112840991, Image number: 8
Listing number: P24-112840991, Image number: 9
Property Overview
Listing Number
112840991
Type of Property
Commercial Property
Street Address
Lifestyle
Suburban
Listing Date
28 June 2023
Erf Size
349 m²
Floor Size
275 m²
Rates and Taxes
R 2 295
Pets Allowed
No
Outside Areas
1
Multi Tenanted
Yes
Standalone Building
No
Number of floors
1
Security
Security
Nearby Public Transport
Bus, Train, Minibus Taxi
Loading Loading

Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
*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.
Loading Loading

Contact Broker

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with Property24’s
Terms & Conditions and Privacy Policy.

Contact Broker

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

Share

PrintPrint
Brochure
Loading