12 Bedroom House For Sale in Highlands North
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
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
Monthly Rates
R5,000
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
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.
