R 1 200 000

Commercial Property for Sale in Deneysville

Deneysville, Deneysville

Commercial Property for Sale in Deneysville

Deneysville, Deneysville

Spacious & Versatile Commercial Building with Great Income Potential

This well-maintained, low-maintenance commercial property offers a generous GLA of 585sqm, providing a perfect space for a wide variety of business uses. Currently partly occupied by the owner for a second-hand furniture business, the building’s adaptable layout makes it ideal for workshops, manufacturing, or other commercial ventures.

The property features multiple rental opportunities with a steady income stream. A 110m² section has been rented out, along with an additional 90m², generating a total rental income of R13,000 per month from the same tenant for the last 8 years. With an escalation rate of 8%, the rental returns are poised for continued growth.

Key Features:

Spacious & Well-Maintained: 585m² of flexible space in great condition, ready for immediate use.

Low Maintenance: Designed for easy upkeep, reducing operational costs.

Convenient Location: Situated in a prime area, perfect for businesses that require good visibility and easy access.

Great Potential: Ideal for a variety of uses such as workshops, manufacturing, or office spaces.

Unique Layout: Flexible design with the ability to rent out sections of the building.

Income Generating: Existing tenants pay R13,000/month, with the total estimated rental income reaching R19,500/month.

Expenses: R2,800 per month, making this a cost-effective investment.

With two bathrooms and optional furnishings, the space is ready for immediate use or future development. Additionally, the property is equipped with satellite internet access, ensuring connectivity for business operations.

For more details or to schedule a viewing, feel free to contact me!