Investment Opportunity With Loyal Tenants (Price Negotiable)
This commercial property is comprised of two stands!
On the front stand are four stores:
First Store: Auto and household PaintShop
2nd Store: Currently unoccupied
3rd Store Wholesaler of cold drinks and groceries
4th Store: Tailors and Outfitters (They have rented this store out for 70 years!)
On the back stand are two cottages each comprising of one bedroom, lounge, kitchen, toilet, and bathroom.
The type of tenants who occupy these stores are people who have been running their businesses in Turffontein and plan to run their businesses the way they have for a long time. They have been loyal to the owner who is selling now and are generally known because of where they are situated, which means they are less likely to move out - those are tenants who are going to be around for a long time loyally.
There is so much opportunity in this property; with ample space to expand and build more shops. Located in the back are two residential units which can be rented out.
Behind each of the 4 stores is more than enough space for storage.
On the front stand are four stores:
First Store: Auto and household PaintShop
2nd Store: Currently unoccupied
3rd Store Wholesaler of cold drinks and groceries
4th Store: Tailors and Outfitters (They have rented this store out for 70 years!)
On the back stand are two cottages each comprising of one bedroom, lounge, kitchen, toilet, and bathroom.
The type of tenants who occupy these stores are people who have been running their businesses in Turffontein and plan to run their businesses the way they have for a long time. They have been loyal to the owner who is selling now and are generally known because of where they are situated, which means they are less likely to move out - those are tenants who are going to be around for a long time loyally.
There is so much opportunity in this property; with ample space to expand and build more shops. Located in the back are two residential units which can be rented out.
Behind each of the 4 stores is more than enough space for storage.
Features
Zoning
Interior
Sizes
Parking Bays
Additional Amenities
Listing Info
Turffontein, Johannesburg
- Street map
- Street view
Finance
Calculators:
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.
