733 m² Commercial space in Raisethorpe
Raisethorpe, Pietermaritzburg, KwaZulu-Natal
Lettable area read from the listing title — the lister did not state a figure. Confirm on inspection.
Listed by
Uraiyan Naidoo
Tyson Properties Midlands
Details
DUAL INCOME INVESTMENT OPPORTUNITY | LICENSED LIGHT COMMERCIAL PROPERTY WITH ESTABLISHED TENANTS Position your portfolio with an income-generating investment that starts working from day one.Situated in the well-established suburb of Raisethorpe, this 141m2 licensed light commercial property presents a rare opportunity for investors seeking immediate returns with reliable rental income already in place.The property is fully tenanted, generating a combined monthly rental income of R11,300, making it an ideal addition to any investment portfolio.At the front of the property, a well-established mechanical workshop operates from a practical layout comprising two rooms and a bathroom, perfectly suited to light commercial use.Positioned privately at the rear is a spacious two-bedroom residential unit, complete with a comfortable lounge, functional kitchen and bathroom, offering an excellent balance between commercial and residential income streams.Property Highlights:141m2 under roofLicensed for light commercial useTwo income-producing tenantsFront commercial premises with mechanic workshopRear two-bedroom residential unitCombined rental income of R11,300 per monthExcellent investment with immediate cash flowWhether you''re expanding your investment portfolio or searching for a versatile mixed-use property with proven earning potential, this is an opportunity that delivers both stability and future upside.Opportunities like this are hard to findcontact me today to arrange your private viewing.
Location
Map showing the location of 733 m² Commercial space in Raisethorpe