1269m² Investment For Sale in Alberton North

This 1269m² mixed use investment property on Piet Retief Street, Alberton North, offers diversified income from established residential and commercial tenants. The property comprises 8 two bedroom flats, an erf portion leased to a car wash operator and a retail shop currently occupied by a pub. The combination of multiple residential tenancies and two commercial income streams reduces reliance on a single tenant and provides an established income producing profile. Asking price R6,400,000 excluding VAT.

Office Size: 1269m²
Layout: 8 two bedroom flats, 1 erf portion and 1 retail shop
Fit out: Retail shop occupied by a pub; erf portion leased to a car wash operator
Proximity to Landmarks: Alberton North commercial and residential precinct

Located on Piet Retief Street, the property benefits from established surrounding residential and commercial activity. Its mixed use composition supports diversified tenant demand, while the existing leases provide investors with income from multiple sources rather than dependence on one commercial occupier.