Property description

This versatile two-storey commercial building, positioned just off Umgeni Road, presents an exceptional investment with strong income potential. Currently divided into multiple rentable units, it offers a reliable stream of separate rental incomes which totals to R42 000 per month.

The adaptable layout suits a wide range of businesses, from clothing manufacturing and warehousing to office space or retail ventures. The ground floor is already tenanted by a Sound Shop, Take Away, Carpenter Workshop, and Factory Shop—ensuring steady foot traffic and immediate returns for the new owner.

Beyond its current use, the property holds exciting development potential. Proposed plans include converting the building into student accommodation, unlocking higher-yield opportunities in this high-demand area. Investors and entrepreneurs can also choose to occupy part of the building for their own business while leasing out the remainder, creating a balanced and profitable setup.

Strategically located with excellent visibility and public transport at the doorstep, the property is equipped with three-phase electricity and offers both immediate income and long-term growth prospects.