367 m² Commercial space in Grahamstown Central
Prime Investment Opportunity [removed] Wagon Wheel Property
An exceptional opportunity to acquire a high performing mixed use investment property generating approximately R40,000 in monthly rental income. Perfectly positioned adjacent to the bustling Pepper Grove Mall, this property seamlessly combines commercial and residential rental streams, offering diversified income and long-term growth potential.
Key Investment Highlights:
A well established and popular restaurant occupies the main retail space, providing a stable and reliable income stream.
Residential Component:
Includes one cottage and six bachelor flats, all tenanted, offering consistent monthly income and minimal vacancy risk.
Unbeatable Location:
Strategically located alongside Pepper Grove Mall, ensuring high visibility, foot traffic, and future value appreciation as the precinct continues to develop.
Strong Rental Yield:
A balanced tenant mix across commercial and residential spaces enhances income stability and reduces investment risk.
Low Management Overhead:
Fully let with a strong rental history and professional management in place.
This is a rare chance to secure a well-positioned, high-yield asset in one of Grahamstowns most desirable and vibrant mixed-use zones. Ideal for seasoned investors looking to expand their portfolio or first-time buyers seeking a high-performing, income-generating property.
Property details
- Listing number T4946661
- Property type Commercial
- Listing date 4 Feb 2025
- Land size 670 m²
- Floor size 367 m²
- Rates and taxes R 2 000