A Combined Commercial and Residential Investment That Makes Perfect Business Sense!
This property presents a unique opportunity to invest in both commercial and residential real estate on a single deed. By diversifying your investments across both, you'll be spreading the risk. The property is fully tenanted, with stable and reliable tenants who are responsible for upkeep and maintenance.
One of the highlights of this property is the 11 sectional titled spacious, fully tenanted one-bedroom flats. Additionally, there are five fully tenanted shops that are strategically located on Goldman street. This prime positioning has made them a popular choice among respectable tenants.
The building is well-maintained, with a caretaker who rents one of the flats and ensures that cleaning and maintenance are up to standard. At night, a night guard monitors CCTV security for the building and street. The property is situated in close proximity to the police station, which adds an extra layer of security.
Another attractive feature of the property is the extra square meterage space that includes undercover parking bays and carports. This is a rare find in Florida, and it's one of the reasons why tenants are drawn to the building. The parking bays can also be rented out to other apartment buildings where parking space is limited.
This property is an excellent investment that will help you build a great real estate portfolio for the future. It's currently being managed and maintained by experienced managing agents who have a strong history with the property.The previous owner lived off this good retirement investment for many decades.
Don't just take our word for it – come and see for yourself! Book a viewing today to discuss financials and see how this property can add value to your retirement portfolio.
Sign-up and receive Property Email Alerts of Retails for sale in Florida, Roodepoort.
Disclaimer: While every effort will be made to ensure that the information contained within the Meridian Realty website is accurate and up to date, Meridian Realty 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.
