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Price R8 590 000 Size: 600sqm 2 floors total 600sqm
Welcome to this exceptional property offering a unique investment opportunity in a highly sought-after location. This two-story building presents an ideal scenario for both investors and owner-occupiers alike.
The first floor is currently leased out, providing a steady stream of income from day one. With a reliable tenant already in place, you can enjoy immediate returns on your investment without any delay. Meanwhile, the second floor awaits its next occupant. Whether you're looking to move in yourself or generate additional rental income, the choice is yours. The flexibility of this arrangement allows you to tailor the usage of the space according to your needs and preferences.
Adding to its allure, this property features convenient underground parking, ensuring hassle-free parking for both tenants and visitors. Additionally, the basement offers ample storage space, providing practical solutions for organizational needs.
Situated in a prime location, this property ensures excellent visibility and accessibility, attracting high-quality tenants and ensuring strong demand for rental units. As a result, securing a new tenant upon transfer is a seamless process, providing assurance for continued income generation.
Completing this offering is open parking space, providing convenient options for tenants and guests alike.
Don't miss out on this rare opportunity to own a property that offers both immediate returns and long-term potential. Contact us today to arrange a viewing and secure your investment in this lucrative asset.
Nestled in the heart of Johannesburg's northern suburbs, Sandton is a glittering gem that sparkles with urban sophistication. Known as the "richest square mile in Africa", the area has vast appeal whether you're a family, professional, retiree, or foreign investor. Sandton is where high-end fashion meets fine dining and where world-class business ventures blend seamlessly with an electrifying nightlife.
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, 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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.