Residential & Commercial Property with Redevelopment Potential

Situated in Germiston, a well-connected and fast-developing area with close proximity to essential amenities, public transport, and major highways.
Land Size: 1,248 sqm, offering ample space for potential redevelopment or expansion.
Building Layout:
Residential Units: 16 spacious one-bedroom apartments, currently tenanted, providing immediate rental income.
Additional Rooms: 8 tenant-occupied rooms on the property, ensuring steady cash flow.
Commercial Unit: Ground-floor shop space, tenanted, adding commercial rental income.
Standalone House: Additional residential unit with tenant occupancy.
Amenities and Features:

Generous parking space available, accommodating residents and visitors.
Potential for Redevelopment: With the sizable land and layout, the property is ideal for a redevelopment project, either for residential or mixed-use purposes.

This property offers multiple streams of income from residential and commercial tenants, with potential to increase value through redevelopment or modernization. It’s an ideal purchase for investors looking for steady returns and long-term appreciation.