Property description

An exceptional mixed-use investment opportunity situated in the heart of Roodepoort Central, delivering stable, diversified income across both commercial and residential components. This well-positioned asset combines street-level retail with residential units above, making it ideal for investors seeking scale, consistency, and long-term growth.

PROPERTY OVERVIEW:

The building features five income-generating retail shops on the ground floor, all enjoying excellent street exposure and strong foot traffic. These shops collectively generate approximately R23,000 per month.

Above the retail component, the residential section spans six floors and comprises 43 units, consisting of 23 bachelor units, 18 one-bedroom units, and 2 double flats (two bachelor units combined to form spacious two-bedroom apartments). All units are fitted with prepaid electricity meters, while municipal water is divided across the total number of units. Each residential unit also benefits from its own private balcony, perfect for relaxing and taking in fresh air.

ADDITIONAL INCOME STREAMS:

The property includes a street-facing office unit overlooking the main road, currently configured as three rooms and suitable for residential letting or conversion into professional office space. In addition, three MTN network towers are installed on the rooftop, generating R19,661 per month in secure, passive income.

FINANCIAL PERFORMANCE:

- Gross base rental: ± R162,000 per month

- Net income at full occupancy (after deductions): ± R127,000 per month

- Multiple, diversified revenue streams reduce risk and enhance stability

LOCATION ADVANTAGE:

Centrally located near schools, shopping centres, public transport routes, and major freeway access, the property benefits from consistent demand across both residential and commercial markets.

INVESTMENT SUMMARY:

This is a turnkey, income-producing asset with proven performance, strong monthly cash flow, and scalable potential. A solid addition to any property portfolio, offering immediate returns in a well-established urban node.

Serious returns. Central location. Multiple income streams.