R2,700,000
Prime Investment Opportunity. Retail & School Tenanted Property in Turffontein.
Situated on bustling Main Street directly opposite the iconic Turffontein Racecourse, this well-positioned commercial property offers a rare opportunity for investors seeking strong returns and long term tenant stability. With a land size of 495sqm and an impressive 800sqm under roof across two storeys, the property combines versatile retail potential with established rental income.
The ground floor is fully set up as retail space, ideal for businesses looking to benefit from high visibility and foot traffic along this busy corridor. The first floor is tenanted by a school, ensuring consistent occupancy and reliable income. Current rental income stands at R45,000 per month, with utilities recovered from tenants based on actual usage, providing investors with a hassle-free cost recovery model.
Additional highlights include ample parking in front of the building, excellent accessibility, and strong exposure along a high demand location. Whether you’re looking to expand your commercial portfolio or secure a stable, income generating asset, this property offers the perfect blend of functionality, visibility, and return potential. For any additional questions or queries, please do not hesitate to contact us.
Features
Exterior
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Parking Bays
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group 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.
