R5,500,000
Prime Investment Opportunity in Benoni CBD – 39 Lake Avenue
Nett Annual Income R969 276 plus VAT.
39 on Lake is a fantastic investment opportunity in the heart of Benoni CBD. This well-positioned, fully tenanted building offers a generous 500sqm of lettable space on a 595sqm stand. The property consists of 24 residential apartments and four ground-floor retail stores, providing a balanced mix of commercial and residential tenants.
Strategically located at 39 Lake Avenue, this property enjoys high visibility and foot traffic, making it an attractive option for businesses while offering convenient urban living for residents. Benoni CBD is a bustling commercial hub with a diverse mix of retail, office, and residential developments. The area is well-serviced with public transport links, major road access, and essential amenities, including shopping centres, schools, and healthcare facilities. Investors can benefit from the strong demand for rental properties in the area, ensuring a steady income stream and long-term capital appreciation.
Offered at R5 500 000.00 this is an exceptional opportunity for savvy investors looking to expand their portfolio with a fully tenanted, income-generating asset in a prime location.
Don’t miss out. Contact us today to arrange a viewing.
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Disclaimer: All amounts exclude VAT and while every effort will be made to ensure that the information contained within the OfficePlace website is accurate and up to date, OfficePlace 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.