This fully tenanted mixed-use property, located in the heart of Kraaifontein, generates a strong Gross Annual Income of R2,195,217. The block comprises seven commercial tenants, two cellphone towers, and fourteen residential apartments, offering a well-balanced mix of income streams. All commercial tenants are secured on long-term leases, ensuring consistent and stable cash flow for investors. The property’s fully let status and tenant diversification add to its appeal as a reliable income-generating asset.
Strategically positioned in close proximity to major amenities such as Makro and Mediclinic Cape Gate, the property benefits from high visibility and ease of access. This prime location supports strong tenant demand and enhances the overall value proposition. With its solid income,
quality tenancies, and location within a growing node, this investment opportunity is well-suited for buyers seeking both stability and long-term growth potential.
Township: Kraaifontein
Erf Number: Erf 12573, Kraaifontein
Erf Size: 3,685m²
Total GLA: 1,674m²
VAT Registered: Yes
Municipal Information:
Municipality: City of Cape Town
Monthly Rates: ± R14,445
Title Deed Information:
Number: T11849/2001
Registration Date: 2001/02/23
Municipal Area: City of Cape Town
Read more...
Photo Grid
Show Contact Number
