Johannesburg

Gauteng

Südafrika

Property Overview: We are pleased to present an exceptional investment opportunity in the vibrant suburb of Yeoville, located on the northern fringes of the bustling Johannesburg CBD. This fully let, triple-story mixed-use property, strategically positioned on Hunter Street, offers a diverse range of income streams, and promises a rewarding 15% + Nett return on investment.
Ground Floor Retail: The ground floor of this property comprises approximately five retail units, each fronting Hunter Street. This prime location ensures high visibility and foot traffic, making it an attractive proposition for business owners.
Residential Accommodation: Access to the residential accommodation on the first floor is provided via a stairwell from Hunter Street. This floor has been converted into a thriving lodge, featuring approximately 12 well-appointed rooms, communal toilet facilities, and shower amenities, catering to the accommodation needs of residents and travelers alike. Second Floor Flats: The second floor of the building boasts six spacious flats, offering comfortable living spaces in a vibrant urban setting.
Location Highlights: Situated in a high-density residential node, this property stands at the forefront of Yeoville's transformation. The suburb is currently undergoing an impressive R61 million regeneration projects, led by the Johannesburg Development Agency. This initiative aims to attract new investments, revive the area's allure, and reestablish Yeoville as a significant civic, social, and entertainment hub, as it once was.
Saunders Street, a major arterial road traversing the suburb, connects to key collector roads, providing convenient access to major transportation routes within Johannesburg and its surrounding regions.
Yeoville's cosmopolitan atmosphere, combined with its proximity to transportation hubs in neighboring Hillbrow, ensures easy access to abundant economic opportunities throughout the greater Johannesburg area.Furthermore, all essential amenities and services can be found in the nearby Johannesburg CBD and its surrounding suburbs, enhancing the convenience and attractiveness of this investment opportunity.
Investment Potential: This fully let commercial property presents a compelling investment proposition. With a diverse income stream from retail, accommodation, and flats, it offers stability and growth potential. Additionally, the ongoing urban renewal project in Yeoville bodes well for future property appreciation.

Conclusion: Don't miss the chance to be part of Yeoville's resurgence and secure a prime
commercial investment in this thriving neighborhood. With a robust rental income and the promise of future growth, this property represents an attractive addition to any investor's portfolio. For further details or to arrange a viewing, please contact us today. This is an opportunity that shouldn't be overlooked in the dynamic landscape of Johannesburg real estate.