R6 400 000
Monthly Bond Payment: R
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Prime Investment Opportunity with a huge income growth
267 Victoria Street
Commercial Property in Georgetown For Sale
267 Victoria, Street
Prime Investment Opportunity with a huge income growth
Monthly Bond Payment: R
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Opportunity in Germiston Central: 18 Apartments with Shops Needing Tender
Loving Care
Introduction: Nestled in the heart of Germiston Central,
this property presents an exceptional investment opportunity for those with a
keen eye for potential. Comprising 18 apartments and several ground-level
shops, this real estate gem is waiting for a rejuvenation project that will
breathe new life into the heart of the city.
Property Overview:
Property Description: This property consists of a mixed-use
building with 18 apartments , 28 rooms and several shops located on the ground floor.
While its current condition requires some tender loving care, the potential for
profit and transformation is boundless.
Apartments: The 18 apartments offer a variety of floor
plans, ensuring flexibility for potential buyers or investors. With their
spacious layouts, these units have the potential to be transformed into modern,
attractive living spaces. The location in Germiston Central is highly
convenient, offering residents access to a wide range of amenities and
transportation options.
Shops: The ground-level shops provide excellent rental
income opportunities. With some renovation and a strategic tenant mix, these
spaces can cater to various commercial enterprises, enhancing the property's
overall value.
Location: Germiston Central is a bustling hub with a rich
history and a vibrant community. Situated in close proximity to essential
services, public transportation, and recreational facilities, the property's
location is its primary selling point.
Investment Potential:
Conclusion: For those
with an entrepreneurial spirit and a vision for potential, this property in
Germiston Central represents an incredible opportunity. With 18 apartments and
multiple shops in need of TLC, a well-executed renovation can breathe new life
into the building, ensuring long-term profitability and growth. Don't miss out
on this prime investment opportunity to transform Germiston Central's landscape
and your financial portfolio.
Bond Payments | R |
Mun. Rates & Taxes | ZAR 5,800 |
Web Ref | RMAP-0408 |
Property Type | Commercial Property |
Erf Size | 1239m2 |
Bedrooms | 54 |
Bathrooms | 26 |
Laura Kuun
Candidate Property Practitioner
RE/MAX All Stars (Primrose)
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Clive King
Sales Associate
RE/MAX All Stars (Primrose)
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Monthly Bond Payment: R