- 683.0 m2
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Property description
We proudly present a rare opportunity to acquire a well-established, income-generating commercial property located along Oxford Street in East London’s bustling CBD.
This strategically positioned double-storey building offers exceptional visibility and accessibility, making it ideal for various business operations.
Key Features: Fully Tenanted: The property showcases multiple income streams, housing a prominent TVET College, two bustling hair salons, and a general grocery store, ensuring consistent foot traffic and reliable rental income.
Ground Floor: Retail shop with high street exposure Hair salon First Floor: Entirely occupied by the TVET College featuring a reception area, seven carpeted classrooms, kitchen facilities, and male and female ablutions.
Additional Features: Compact additional retail space suitable for a takeaway or fast-food outlet Off Street parking High visibility and strong pedestrian traffic perfect for business exposure Investment Highlights:
Strong Rental Income: Currently generating substantial monthly returns, with potential for further income growth from underutilized areas.
Accessibility: Located close to essential amenities and excellent public transport links, facilitating convenient commuting for staff and clients.
Legal Compliance: The property comes with a zoning certificate and approved building plans, ensuring a fully compliant operational status.
Property Details
Property Features
- Entrance Hall
- Boardroom
- Reception
- Roof
- Windows
- Floors
| Erf Size | 683.0 m2 |
Contact the Agent
Michael Groenewald
Candidate Property Practitioner