Commercial space in Mayfair West
Mayfair, Johannesburg Central, Gauteng
Listed by
Faizaan Rangraze
RE/MAX Superior Mulbarton
Details
Prime Mixed-Use Investment Opportunity in the Heart of MayfairUnlock 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: R1,600,000Prime Mayfair locationMixed-use investment property2 Lock-up retail shops ground floor3 Bachelor units1 One-bedroom apartment with lounge, kitchen & bathroomTotal building size: 120 m²No parkingRental income: R20,000 per monthExcellent exposure and easy access to major transport routesA fantastic investment opportunity for buyers looking to expand their property portfolio with a well-located, income-producing asset.DORICEL PTY LTD trading as REMAX Superior Mulbarton operates in terms of a franchise agreement with REMAX of Southern Africa.
Location
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