COMMERCIAL PROPERTY FOR SALE - Prime Commercial Investment Opportunity
An excellent opportunity to acquire a versatile commercial property offering multiple retail spaces and residential accommodation, ideally suited to investors seeking an established income-producing asset with potential for rental growth.
The property features a prominent street-facing commercial building with multiple shopfronts, currently accommodating retail businesses. The premises offer generous floor space suitable for a variety of commercial uses, including furniture retail, storage and other business operations.
The property also includes two spacious three-bedroom, two-bathroom flats, providing additional residential rental income. Covered parking is available for residents, with access to the rear of the property.
Property Features
• Four commercial shop/storage areas
• Two three-bedroom, two-bathroom residential flats
• Covered parking for residents
• Established tenants
• Residential and commercial rental income
• Potential to increase rentals to market-related levels
• Suitable for investors seeking long-term income and capital growth
Investment Potential
The property currently generates rental income from its commercial and residential components. Existing rentals have reportedly remained unchanged for approximately three to four years, presenting an opportunity to review rental rates and improve returns over time.
With a strategic approach to rental management and tenant retention, the property offers scope to strengthen its income-generating potential.
Further financial information, rental schedules and supporting documentation will be made available to interested parties upon signing a Non-Disclosure Agreement (NDA).
An established commercial property with diversified rental income and potential for improved returns.
The property features a prominent street-facing commercial building with multiple shopfronts, currently accommodating retail businesses. The premises offer generous floor space suitable for a variety of commercial uses, including furniture retail, storage and other business operations.
The property also includes two spacious three-bedroom, two-bathroom flats, providing additional residential rental income. Covered parking is available for residents, with access to the rear of the property.
Property Features
• Four commercial shop/storage areas
• Two three-bedroom, two-bathroom residential flats
• Covered parking for residents
• Established tenants
• Residential and commercial rental income
• Potential to increase rentals to market-related levels
• Suitable for investors seeking long-term income and capital growth
Investment Potential
The property currently generates rental income from its commercial and residential components. Existing rentals have reportedly remained unchanged for approximately three to four years, presenting an opportunity to review rental rates and improve returns over time.
With a strategic approach to rental management and tenant retention, the property offers scope to strengthen its income-generating potential.
Further financial information, rental schedules and supporting documentation will be made available to interested parties upon signing a Non-Disclosure Agreement (NDA).
An established commercial property with diversified rental income and potential for improved returns.
Monthly Rates
R12,090
Features
Zoning
Interior
Sizes
Parking Bays
Additional Amenities
Listing Info
Gandhinagar, Tongaat
- Street view
- Amenities
- Schools
Filling Station
0.35 km - Highway Tongaat Service Station
0.36 km - Shell
0.45 km - Stadium Service Station
Hospital/Clinic
0.24 km - Medicoast Medicentre
0.35 km - Mediclinic Victoria Hospital
0.35 km - Shareen Kasolall & Associates
Police Station
0.01 km - Police Station
0.02 km - South African Police Service Tongaat Police Station
1.45 km - South African Police Service - Hambanathi
Shopping Centre
0.29 km - Othongathi Mall
0.37 km - Gopalall Horbans Shopping Centre
3.21 km - Maidstone Sho Pping Centre
0.14 km - Richfield Graduate Institute of Technology
0.33 km - Crawford Preparatory
0.33 km - Crawford College North Coast
0.36 km - Tongaat Primary School
0.47 km - Vishwaaroop Primary School
0.48 km - Tongaat Islamic School
0.51 km - Victoria Primary School
0.64 km - Jack & Jill Preprimary School
0.73 km - Tongaat Secondary School
0.80 km - Haven of Rest School
0.90 km - Zonke
1.17 km - Mickey And Minnie Playschool And Learning Academy
2.05 km - Qoqulwazi Secondary School
2.17 km - Buffelsdale Secondary School
Average sold property price in Gandhinagar
Freehold
Sectional Scheme
Vacant Land
Freeholds
R
0%
Average price
0
0%
Transfers
Sectional Titles
R580,833
33.3%
Average price
5
33.3%
Transfers
Estates
R
0%
Average price
0
0%
Transfers
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 Realty Empire website is accurate and up to date, Realty Empire 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.