Property description

Property Overview:

Situated at a strategic corner location in the bustling Bellville CBD, this double-storey retail and residential building offers an unparalleled investment opportunity. Positioned on the main thoroughfare, it guarantees high visibility and foot traffic, making it an attractive prospect for both retail and residential tenants.

Key Features:

Mixed-Use Appeal: With a blend of retail and residential spaces, this property is perfectly poised to cater to the constant demand for mixed-use tenancies. The versatility of the building ensures a steady stream of rental income from a diverse tenant base.

19 Titles: The property is segmented into 19 distinct titles, offering flexibility for future development or resale options. This feature enhances the investment value, allowing for various strategies to maximize returns.

Ample Storage and Parking: Four garages/stores are included, providing essential storage space and parking facilities. This is a significant advantage for both commercial and residential tenants, ensuring convenience and added value.

Development Potential: Located in the rapidly expanding Bellville CBD, the property is ideally situated for new development. The area’s growth trajectory promises increased property values and heightened demand, presenting a prime opportunity for investors looking to capitalize on future developments.

Investment Highlights:

Strong ROI: The rental income generated from this property offers a solid return on investment, underpinned by the high demand for both retail and residential spaces in the area.

Strategic Location: Bellville CBD is a thriving commercial hub with ongoing development, ensuring sustained growth and increased property value over time.

Versatile Tenant Mix: The mixed-use nature of the property appeals to a broad spectrum of tenants, minimizing vacancy risks and ensuring a steady income stream.

Additional Information:

Accessibility: The property is easily accessible via major roads and public transport, enhancing its appeal to tenants and customers alike.

Proximity to Amenities: Located close to essential amenities such as shopping centers, schools, and medical facilities, the property offers convenience and attractiveness to potential tenants.

Economic Growth: Bellville CBD is experiencing significant economic growth, driven by commercial development and infrastructural improvements. Investing in this property positions you to benefit from the area's upward trend.