R1,050,000
Prime Investment Property with Business Potential in Kleinvlei
Prime Investment Property with Business Potential in Kleinvlei
This versatile 4-bedroom property, located in the popular suburb of Kleinvlei, presents an excellent business opportunity. It features three flatlets and a spacious ground floor area suitable for a variety of business ventures.
Ground Floor:The fully secured property greets you with an expansive open space on the ground floor. This area is perfect for an additional living space or can be adapted for business use. It has been previously utilized as a church and includes ample parking.
First Floor:The first floor houses two flatlets:
The first flatlet is a cozy bachelor unit with a bedroom, separate bathroom, a charming lounge area, and a kitchenette.
The second flatlet includes two bedrooms, a spacious bathroom, a lounge, and a fully equipped kitchen. Both flatlets open onto a large balcony offering views of the surrounding area.
Additional Flatlet:A third flatlet is located by the staircase leading to the first-floor units. This compact unit is perfect for a single occupant.
Parking and Location:The property includes parking space for two vehicles and is conveniently located within walking distance of shopping amenities.
Investment Opportunity:The property is currently tenanted at 75%, generating a potential rental income of approximately R20,000. The current owner has recently ensured the property meets all necessary codes, making it a sound long-term investment for discerning investors or businesspeople.
Contact Us:Don’t miss out on this fantastic opportunity.
Contact us today to schedule a viewing and take the first step toward a successful business venture in the vibrant Kleinvlei/Eersteriver area.
Features
Exterior
Sizes
Extras
Corner Lot • Insulated • Brick • Garage • Concrete • 2 Car Garage
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP 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.