Property description
This prime property, located just 200 meters from The Atrium Shopping Centre on Peter Mokaba Ridge Road in the high-demand Overport area, presents an excellent investment opportunity. It currently features a house and a double-story outbuilding that has been converted into medical rooms.
House:
Two sections:
Section 1: Includes 2 rooms, a reception area, and a bathroom.
Section 2: Features 2 rooms, a large kitchen/room, reception area, bathroom, and a separate toilet.
The house is currently occupied by two tenants, making it a stable income-generating asset.
Outbuilding:
Upstairs: Comprises 3 rooms, a reception area, a kitchen, 2 bathrooms, and a small balcony.
Downstairs: Contains 2 rooms, a reception area, a kitchen, and a bathroom. The downstairs unit is currently vacant, offering an opportunity for immediate use or rental.
Parking:
Provides space for about 8 cars, ensuring ample parking for tenants or visitors.
Location & Surroundings:
Situated next to other properties that have been converted to commercial use, as well as sectional title developments, the property enjoys a prime location in a high commercial demand area. This makes it ideal for use as offices (business brokers, business sales), medical rooms, or other commercial purposes.
Investment Opportunity:
This is a fantastic chance to own property in a high-demand area, where you can avoid paying high rents for A-grade office spaces. Whether you're looking to use the space for your own business or lease it out, this property offers great potential for both.
Key Features:
Prime location within close proximity to The Atrium Shopping Centre.
Commercial zoning ideal for businesses, medical practices, or offices.
Existing tenants and an available unit for additional income or occupancy.
Potential for future growth and development in a high-demand area.
If you're seeking a property that combines commercial viability, tenant income, and the chance to own your space, this is an opportunity you don’t want to miss.
- Study
- Flatlet
- Freehold
Location rating
Nearby Transport
Nearby Education
Nearby Other
Request property details from Tyson Properties Morningside Office
Terms of useGet in Touch
Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
