Commercial Building with Great Income Potential in Windermere
This two-storey commercial building, ideally located just off Umgeni Road, offers a prime investment opportunity with significant income potential. The property is currently divided into rentable units, providing a stable stream of separate rental incomes.
The building's layout is adaptable and suitable for a wide range of businesses, including clothing manufacturing, warehousing, office space, or other retail ventures
The ground floor is currently tenanted by a Sound Shop, a Take Away, Carpenter Workshop, and a Factory Shop, ensuring a high level of foot traffic and immediate income for the new owner
Property has great development potential. The current owner has proposed plans to convert the building into student accommodation, highlighting the property's potential for a higher-yield investment representing a great opportunity for investors and entrepreneurs seeking a versatile property with multiple income streams and future development potential in a high-demand area.
The new owner has the flexibility to occupy a portion of the building for their own business while continuing to rent out the remaining units, creating a balanced and profitable investment.
Property's strategically located ,ensuring easy access and high visibility, with public transportation, , conveniently located at the doorstep.
This building represents a great opportunity for investors and entrepreneurs seeking a versatile property with multiple income streams and future development potential in a high-demand area.
Three phase electricity power.
The building's layout is adaptable and suitable for a wide range of businesses, including clothing manufacturing, warehousing, office space, or other retail ventures
The ground floor is currently tenanted by a Sound Shop, a Take Away, Carpenter Workshop, and a Factory Shop, ensuring a high level of foot traffic and immediate income for the new owner
Property has great development potential. The current owner has proposed plans to convert the building into student accommodation, highlighting the property's potential for a higher-yield investment representing a great opportunity for investors and entrepreneurs seeking a versatile property with multiple income streams and future development potential in a high-demand area.
The new owner has the flexibility to occupy a portion of the building for their own business while continuing to rent out the remaining units, creating a balanced and profitable investment.
Property's strategically located ,ensuring easy access and high visibility, with public transportation, , conveniently located at the doorstep.
This building represents a great opportunity for investors and entrepreneurs seeking a versatile property with multiple income streams and future development potential in a high-demand area.
Three phase electricity power.
Monthly Rates
R8,850
Features
Zoning
Sizes
Listing Info
Print
Tramaine Naidoo
Candidate Property Practitioner
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
