Prime Investment Opportunity on 181 Smith Street – Fully Let Multi-Tenanted Property
Presenting an exceptional commercial property for sale at 181 Smith Street, strategically located in a bustling and business-friendly area. This multi-tenanted building is fully let and offers a diverse range of income-generating tenants, making it a lucrative investment opportunity.
Spanning a total gross lettable area (GLA) of 4000 square meters, the property is thoughtfully divided across two levels. The ground floor boasts 2000 square meters, catering to various businesses including mechanical workshops, a panel beaters shop, a furniture showroom, and a take-away business. The first floor mirrors the ground floor with an additional 2000 square meters occupied by a lodge and other tenants, ensuring maximum rental income potential.
Currently, the property generates a substantial monthly income of R220,000. Each tenant adds value and stability to the investment, making this property an attractive option for discerning investors looking to expand their portfolios with a high-yield asset.
This property is available for sale at R18.5 million. Do not miss this opportunity to acquire a fully let multi-tenanted commercial building in a prime location with excellent income potential.
For more information or to schedule a viewing, please contact us today.
