Commercial Property in Mayfair For Sale
Description
Prime Mixed-Use Investment Opportunity in the Heart of Mayfair
Unlock the potential of this income-generating mixed-use property, perfectly positioned in the heart of Mayfair. Offering both residential and commercial income streams, this is an excellent opportunity for investors seeking strong monthly returns.
The property features 2 lock-up retail shops on the ground floor, with a well-established supermarket currently occupying one of the commercial spaces. The upper levels comprise 4 residential units, including 3 bachelor apartments and 1 spacious one-bedroom apartment with a lounge, kitchen, and bathroom.
Generating a monthly income of approximately R20,000, this property offers an attractive return with room for future growth.
Property Features:
Asking Price: R1,600,000
Prime Mayfair location
Mixed-use investment property
2 Lock-up retail shops (ground floor)
3 Bachelor units
1 One-bedroom apartment with lounge, kitchen & bathroom
Total building size: 120 m²
No parking
Net rental income: ±R20,000 per month
Excellent exposure and easy access to major transport routes
A fantastic investment opportunity for buyers looking to expand their property portfolio with a well-located, income-producing asset.
