Ideal Commercial Investment Opportunity - For Sale
Purpose-built facility with strong income stream
Discover a rare and lucrative opportunity to own a purpose-designed, double-story commercial property offering steady income potential and operational flexibility. Ideally suited for funeral industry or similar related.
Calling all professionals and or astute investors, this mixed-use property has an established revenue stream and a mixed tenant base.
There are around 25 units split across the 3 floors, with a mix of commercial and residential.
Ground floor - the property features a neat front office, boardroom and showroom, ideal for client-facing services, complemented by male and female ablution facilities.
A fully equipped mortuary facility—meticulously designed to accommodate up to 120 bodies (+ 40 infants) underscores the property's suitability for undertakers or related industries.
Additionally, several tenanted office spaces ensure a consistent and stable rental income.
The first floor adds additional value, comprises serviced and currently tenanted residential units, along with four separate office units—all under lease—providing multiple income channels. *There is however work needed to bring it up to standard.
This mix of commercial and residential offers a consistent monthly return, with current earnings of R79,000 with potential to reach approximately R110,000 p.m once all vacancies filled.
Whether you’re looking to expand your funeral services business or seeking a high-yield investment in an income-generating property, this asset delivers on every front.
Don't miss the chance to secure a property that combines functionality, versatility, and financial performance in one outstanding package
Please don't hesitate to reach out for further information and arrange a time to view.
Discover a rare and lucrative opportunity to own a purpose-designed, double-story commercial property offering steady income potential and operational flexibility. Ideally suited for funeral industry or similar related.
Calling all professionals and or astute investors, this mixed-use property has an established revenue stream and a mixed tenant base.
There are around 25 units split across the 3 floors, with a mix of commercial and residential.
Ground floor - the property features a neat front office, boardroom and showroom, ideal for client-facing services, complemented by male and female ablution facilities.
A fully equipped mortuary facility—meticulously designed to accommodate up to 120 bodies (+ 40 infants) underscores the property's suitability for undertakers or related industries.
Additionally, several tenanted office spaces ensure a consistent and stable rental income.
The first floor adds additional value, comprises serviced and currently tenanted residential units, along with four separate office units—all under lease—providing multiple income channels. *There is however work needed to bring it up to standard.
This mix of commercial and residential offers a consistent monthly return, with current earnings of R79,000 with potential to reach approximately R110,000 p.m once all vacancies filled.
Whether you’re looking to expand your funeral services business or seeking a high-yield investment in an income-generating property, this asset delivers on every front.
Don't miss the chance to secure a property that combines functionality, versatility, and financial performance in one outstanding package
Please don't hesitate to reach out for further information and arrange a time to view.
Features
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Disclaimer
While every effort will be made to ensure that the information contained within the Maxprop website is accurate and up to date, Maxprop makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
