Property description

Unlock Exceptional Returns with This High-Income Commercial Investment Opportunity

Team HomeWorth - RE/MAX Superior proudly presents this outstanding commercial investment opportunity situated in the rapidly evolving suburb of Jeppestown, Johannesburg. Positioned in a strategic high-exposure location with excellent foot traffic and strong tenant demand, this income-generating asset offers investors the opportunity to secure a valuable property in one of Johannesburg's emerging commercial growth corridors.

Set on 496m² across 2 ERFs, this versatile commercial property comprises 6 income-generating retail shops, creating diversified rental streams while minimizing vacancy risk. The property currently generates a solid rental income, making it an attractive option for investors seeking immediate cash flow and long-term capital growth.

While the property may benefit from some TLC and modernization, it presents an excellent value-add opportunity for investors looking to enhance the asset while continuing to enjoy existing rental returns.

Property Features

• 496m² Total Land Size (2 ERFs)
• 6 Income-Generating Retail Shops
• Strong Existing Rental Income
• Excellent Visibility and Accessibility
• High Foot Traffic Location
• Established Tenant Base
• Excellent Investment Potential
• Future Value-Add Opportunities
• Prime Commercial Position

Advanced Utility Management Infrastructure

One of the key advantages of this investment property is its efficient utility management system, designed to simplify administration and improve cost recovery.

Electricity

• Equipped with a main prepaid electricity meter supplied directly by Eskom.
• Each retail unit is fitted with its own individual sub-prepaid electricity meter, allowing for accurate monitoring and control of electricity consumption per tenant.
• Electricity purchases made by tenants are automatically credited to the owner's prepaid electricity account, providing streamlined utility management, enhanced cash flow control, and simplified recovery of electricity costs.

Water

• Water consumption is billed through the City of Johannesburg (COJ) municipal account.
• The property is equipped with a dedicated sub-meter for the communal ablution facilities, allowing for effective monitoring and management of common-area water usage.
• Retail units fitted with individual water connections are equipped with separate water submeters, enabling accurate monitoring and allocation of water consumption where applicable.

This utility infrastructure provides investors with greater operational efficiency, transparency, and control over utility expenses.

Future Development Potential

While there are currently no approved plans in place for further development of the property, the surrounding area features several multi-storey commercial and mixed-use developments, highlighting the growth and evolution of the precinct.

Subject to the purchaser conducting their own due diligence and obtaining all necessary municipal approvals, consents, and building plan approvals, the property may present future redevelopment or expansion opportunities.

Its strategic location, combined with the ongoing regeneration of Jeppestown and proximity to educational institutions, commercial hubs, and transport networks, may make it an attractive consideration for investors seeking long-term value-add potential.

Prospective purchasers are encouraged to independently investigate development possibilities with the relevant local authorities and professional consultants.

Strategic Location Benefits

Jeppestown continues to attract investors and business owners due to its central location and ongoing regeneration. Conveniently situated east of Johannesburg CBD and neighbouring established suburbs such as Kensington and Observatory, the area offers excellent connectivity and accessibility.

Nearby Amenities Include:

• Jozi Mall Shopping Centre
• Hospitals and Medical Facilities
• Major Transport Routes
• Bus and Taxi Transport Networks
• Filling Stations
• Educational Institutions Including Jeppe College
• Primary and Secondary Schools
• Banking Facilities
• Restaurants and Convenience Stores
• Industrial and Commercial Business Nodes

The property's strategic location ensures a consistent flow of customers and tenants, making it an attractive asset for both experienced investors and those looking to expand their commercial property portfolio.

A Rare Opportunity to Secure a High-Yield Commercial Asset

Whether you're looking to generate immediate rental income, expand your investment portfolio, renovate and add value, or secure a strategically positioned commercial asset in a growing node, this property offers exceptional value and long-term potential.

Investor's dream come true - a well-positioned income-producing asset offering strong rental returns, multiple income streams, efficient utility management systems, and future value-add opportunities in one of Johannesburg's emerging commercial growth areas.

Don't miss this opportunity to secure a high-yield commercial investment with excellent upside potential.

Contact Team HomeWorth - Re/Max Superior to book viewings.