X

12 Bedroom House For Sale in Highlands North

R2,800,000


Monthly Bond Repayment R29,860.03
Calculated over 20 years at 11.5% with no deposit.

Web Ref No 6710057
Prime Investment Property on Louis Botha Ave: High-Yield Mixed-Use with Courtyard Retail and Private Residential Home
This exceptional investment property, set on 1000m² of prime land along the bustling Louis Botha Avenue, delivers a strong rental income of nearly R40,000 per month. It is perfectly positioned to capture high foot traffic thanks to its central courtyard, which faces the main road and is adjacent to a busy Rea Vaya bus stop and taxi ranks.
Property Highlights:
• Courtyard Retail Hub: The shops, cantered around a courtyard, benefit from substantial passing trade. Tenants include long-standing businesses such as a 15-year-old restaurant, a supermarket, a beauty salon, and clothing-related enterprises, including a tailor and seamstress.
• Mixed-Use Flexibility: In addition to the commercial spaces, there is a private, self-contained three-bedroom house set back on a quiet panhandle stand, offering privacy from the bustling avenue. Additional rooms connected to the restaurant can also be let out for residential purposes.
• Strategic Location: Facing Louis Botha Ave, the property enjoys excellent visibility and accessibility, with direct proximity to public transport and key arterial routes connecting Alexandria, the city, the airport, and the northern suburbs.
This 400m² building offers a stable investment with reliable tenants, a prime location, and versatile income streams. The mix of commercial and residential spaces makes this property a unique opportunity for investors seeking long-term growth.
Enquire now to secure your viewing! Asking Price R2 800 000

Features

Bedrooms 12
Security Yes
Bathrooms 4
Garages 2
Land Size 995m²
Pool Yes
Monthly Rates R5,000.00

Agent Contact Details

Message the Agent

We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

1 of 1
I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy