Prime Multi-Use Investment Property with Strong Income & Development Potential
This well-located commercial and industrial property in Hopefield offers a fantastic opportunity for investors seeking immediate rental income with future growth potential.
The commercial building includes two cool rooms, two storerooms, a working area, service area, and a private office with a bathroom. There is also an outside locker room with its own toilet, adding convenience for staff.
The warehouse section features multiple industrial storage units with lockable doors, a workshop, an additional storeroom, a large mezzanine level, and a portion with undercover parking.
Set on a spacious erf of approximately 1,787 m², the property comprises a 408 m² commercial/retail building and a 250 m² warehouse. It is zoned Business 1, allowing for a variety of uses. The property is fully tenanted, providing an immediate and stable income stream, with a current yield of around 7.5% and room for further growth.
Ideally positioned in a central and highly visible area of Hopefield, the property benefits from strong foot traffic and excellent exposure, within walking distance of popular attractions and national retailers.
This is a standout investment offering a diversified tenant base, reliable cash flow, and excellent value for its size and location. With increasing demand for residential and mixed-use development in the area, the property also presents exciting future redevelopment potential, including expansion or reconfiguration to maximise returns.
Whether you're looking for a solid income-producing asset or a long-term development opportunity, this property ticks all the boxes.
The commercial building includes two cool rooms, two storerooms, a working area, service area, and a private office with a bathroom. There is also an outside locker room with its own toilet, adding convenience for staff.
The warehouse section features multiple industrial storage units with lockable doors, a workshop, an additional storeroom, a large mezzanine level, and a portion with undercover parking.
Set on a spacious erf of approximately 1,787 m², the property comprises a 408 m² commercial/retail building and a 250 m² warehouse. It is zoned Business 1, allowing for a variety of uses. The property is fully tenanted, providing an immediate and stable income stream, with a current yield of around 7.5% and room for further growth.
Ideally positioned in a central and highly visible area of Hopefield, the property benefits from strong foot traffic and excellent exposure, within walking distance of popular attractions and national retailers.
This is a standout investment offering a diversified tenant base, reliable cash flow, and excellent value for its size and location. With increasing demand for residential and mixed-use development in the area, the property also presents exciting future redevelopment potential, including expansion or reconfiguration to maximise returns.
Whether you're looking for a solid income-producing asset or a long-term development opportunity, this property ticks all the boxes.
Features
Interior
Exterior
Sizes
Listing Info
Hopefield Rural, Hopefield
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Finance
Total Amount Repayable
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Monthly Repayment
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Disclaimer
While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty website is accurate and up to date, Lew Geffen Sotheby's International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
