Commercial space in Richmond Estate

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An outstanding opportunity to acquire a high-performing, fully tenanted investment property offering an impressive 10 return on investment ROI. With reliable tenants in place and existing lease agreements across all units, this is a turnkey investment that provides immediate, stable rental income from day one. The property comprises 7 commercial spaces and 13 residential flatlets, consisting of: 7 two-bedroom apartments 6 one-bedroom apartments All units are fully occupied, ensuring consistent cash flow and minimal vacancy risk. Set across 7 consolidated erven with a combined land size of approximately 2,400 m², the property offers significant scale and long-term value, with potential for future enhancement or expansion, subject to the necessary approvals. The sale is VAT applicable however, the property may also be purchased as a going concern, allowing the transaction to qualify for zero-rated VAT, subject to SARS requirements and all relevant conditions being met. Call for an Exclusive Viewing!EDHANE EIENDOMME PTY LTD trading as REMAX De Kloof Panorama operates in terms of a franchise agreement with REMAX of Southern Africa.

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