800m² Building For Sale in Newlands

R2,200,000

173 Main Road

Web Ref AS553NJ

Commercial Space Available For Sale in Newlands | Johannesburg

Introducing a lucrative investment opportunity in the heart of Newlands! This property boasts a total area of 990 square meters, with 800 square meters dedicated to commercial space featuring four shop fronts. Additionally, the property includes seven residential rooms located at the back. Currently generating a monthly income ranging between R30,000 and R45,000, this property presents an attractive proposition for investors seeking steady returns. The asking price for the entire property is set at 2,950,000 (no VAT).

Features

Zoning Commercial

Title Freehold

Interior

Power (3 Phase) Yes

Exterior

Security

Yes

Sizes

Floor Size 800m²

Land Size 990m²

Extras 24 Hour Access

Newlands, Johannesburg

City Deep City Deep hailed as Africa’s largest dry port, is situated in the heart of South Africa’s most industrious city, Johannesburg. Its history dates back to 1977 and was developed by the South African Railways (SARS). It connects to the Durban Port which is the largest container port in South African and second largest in Africa - behind Port Said in Egypt. City Deep is a centrally located area... More Info