R7,100,000
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Monthly Rates
R20,000
R20,000
Commercial Investment Opportunity on Voortrekker Road, Maitland
Embrace the opportunity to invest in a prime commercial property situated on the bustling Voortrekker Road, nestled within the vibrant community of Maitland in Cape Town. Spanning an expansive erf of 637 square meters, this property offers a lucrative investment opportunity with its fully tenanted building and diverse range of income-generating establishments.
At street level, the property boasts a variety of businesses catering to the daily needs of the local residents. A conveniently located convenience store ensures steady foot traffic, providing essential goods and services to the community. Additionally, a recently renovated hardware store with ample office space appeals to businesses seeking a central location for operations.
Furthermore, a take-away food section adds to the property's allure, drawing in patrons with its enticing offerings. Alongside these businesses, ground floor apartments, fully tenanted, provide additional income streams. These apartments, featuring a mix of one and two bedrooms with reception areas, offer comfortable living spaces to tenants while maximizing returns for the property owner. Additionally, one smaller shop is utilized for storage, enhancing the property's utility and revenue potential.
Strategically positioned on Voortrekker Road, one of Cape Town's major thoroughfares, the property enjoys high visibility and easy access, ensuring a steady flow of foot traffic and customers. Maitland's vibrant community further enhances the property's appeal, creating a dynamic environment for businesses to thrive.
Moreover, fully tenanted apartments upstairs on the 2nd floor of the building provide stable rental income, contributing to the property's overall profitability and investment value.
Whether you're a seasoned investor seeking to diversify your portfolio or an entrepreneur looking for a lucrative opportunity, this commercial property promises outstanding potential for growth and profitability.
At street level, the property boasts a variety of businesses catering to the daily needs of the local residents. A conveniently located convenience store ensures steady foot traffic, providing essential goods and services to the community. Additionally, a recently renovated hardware store with ample office space appeals to businesses seeking a central location for operations.
Furthermore, a take-away food section adds to the property's allure, drawing in patrons with its enticing offerings. Alongside these businesses, ground floor apartments, fully tenanted, provide additional income streams. These apartments, featuring a mix of one and two bedrooms with reception areas, offer comfortable living spaces to tenants while maximizing returns for the property owner. Additionally, one smaller shop is utilized for storage, enhancing the property's utility and revenue potential.
Strategically positioned on Voortrekker Road, one of Cape Town's major thoroughfares, the property enjoys high visibility and easy access, ensuring a steady flow of foot traffic and customers. Maitland's vibrant community further enhances the property's appeal, creating a dynamic environment for businesses to thrive.
Moreover, fully tenanted apartments upstairs on the 2nd floor of the building provide stable rental income, contributing to the property's overall profitability and investment value.
Whether you're a seasoned investor seeking to diversify your portfolio or an entrepreneur looking for a lucrative opportunity, this commercial property promises outstanding potential for growth and profitability.
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Parking Bays
Covered Parkings
2
Sizes
Floor Size
637m²
Land Size
637m²
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