12 Bedroom House For Sale in Highlands North

Description

Prime Investment Property on Louis Botha Ave: High-Yield Mixed-Use with Courtyard Retail and Private Residential Home This exceptional investment property, set on 1000m² of prime land along the bustling Louis Botha Avenue, delivers a high rental income of nearly R40,000 per month. It is perfectly positioned to capture high foot traffic thanks to its central courtyard, which faces the main road and is adjacent to a busy Rea Vaya bus stop and taxi ranks. Property Highlights: • Courtyard Retail Hub: The shops, centred around a courtyard, benefit from substantial passing trade. Tenants include long-standing businesses such as a 15-year-old restaurant, a supermarket, a beauty salon, and clothing-related enterprises, including a tailor and seamstress. • Mixed-Use Flexibility: In addition to the commercial spaces, there is a private, self-contained three-bedroom house set back on a quiet panhandle stand, offering privacy from the bustling avenue. Additional rooms connected to the restaurant can also be let out for residential purposes. • Strategic Location: Facing Louis Botha Ave, the property enjoys excellent visibility and accessibility, with direct proximity to public transport and key arterial routes connecting Alexandria, the city, the airport, and the northern suburbs. This 400m² building offers a stable investment with reliable tenants, a prime location, and versatile income streams. The mix of commercial and residential spaces makes this property a unique opportunity for investors seeking long-term growth. Enquire now to secure your viewing!