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R 1 649 000

Commercial Property for Sale in The Hill

51 Lebanon Street, The Hill, Johannesburg

700 m²

Contact Brokers

Ken de Melo

Show Contact Number

INVESTMENT OPPORTUNITY ON BUSY ROAD | DOUBLE STOREY BUILDING WITH FLATS AND SHOPS | A MUST SEE

This commercial building on a corner stand on a busy road in The Hill is priced to go! The area of The Hill is close to JHB City, various schools and churches and major transport routes. This property represents an great opportunity to get into the commercial investment property league…

This property enjoys six retail shops on the ground floor (including a corner retail shop paying R9 000 per month on its own) with a total potential rental income of R19 000 plus, plus three flats (two with two bedrooms and one bachelor) with a potential rental income of R11 000 plus another studio | caretakers room on the ground floor representing an initial potential rental income of R30 000 or thereabouts. That's a 200% return on investment - not even a print shop can print this kind of...

Listing number: P24-106155923, Image number: 1

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Listing number: P24-106155923, Image number: 7

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Property Overview

Listing Number

106155923

Type of Property

Commercial Property

Street Address

51 Lebanon Street, The Hill

Lifestyle

Suburban

Listing Date

11 October 2023

Erf Size

465 m²

Floor Size

700 m²

Pets Allowed

Facilities

Bedrooms

Bedroom 1

Bedroom 2

Bedroom 3

Bedroom 4

Bedroom 5

Bathrooms

Kitchens

Offices

Office 1

Office 2

Office 3

Office 4

Office 5

Office 6

External Features

Outside Areas

Building

Standalone Building

Yes

Other Features

Security

Perimeter Wall

Special Features

Special Features 1

Includes Three Flats for Rent

Special Features 2

Great Location

Special Features 3

Includes Six Retail Shops for Rent

Special Features 4

Monthly Rental Income of Plus R30 000 Possible

Special Features 5

Zoned Commercial - Great Value

Nearby Public Transport

Bus, Minibus Taxi

Points of Interest

Bond Calculator

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