Commercial - Retail for Sale in Melville

Description

Accepting Offers. DESCRIPTION: Prime Mixed-Use Commercial Property For Sale in Melville Unlock the potential of one of Johannesburg’s most vibrant and high-visibility commercial locations with this exceptional mixed-use investment opportunity in the heart of Melville. Positioned on two consolidated erven totaling approximately 1,400m², this versatile property offers a powerful combination of established rental income, flexible commercial space, and future development potential—making it ideal for investors, developers, or business owners seeking a footprint in one of the city’s most dynamic precincts. Property Overview: Ground Floor (±420m² total) • Fully tenanted liquor store (±300m²) providing immediate, reliable rental income • Additional retail unit (±120m²), perfect for a takeaway or boutique outlet Upper Floor (±420m²) • Open-plan layout ideal for: • Offices • Creative studios • Co-working spaces • Event venues • Restaurants or nightlife establishments • Scenic views overlooking the lively Melville streetscape Residential Component • A double-storey flat building offering 5 rooms, generating additional passive income • Located on a separate erf with its own access Parking & Development Potential • Large rear parking area with ±30 bays (to be confirmed) • Private access at the back for tenants and staff • The parking area sits on a second erf (~800m²), offering significant potential for future development Key investment features: • Zoning: Business 1 • Total Erf Size: ±1,400m² (two erven combined) • High-traffic, high-footfall location with excellent exposure • Established tenants ensure stable income from day one • Ample secure parking for both customers and staff • Excellent connectivity to major roads and public transport • Flexible layout to accommodate a variety of commercial or mixed-use purposes • Development opportunity with space for further expansion or additional structures Whether you're looking to expand your portfolio, develop a multi-use venture, or acquire a prominent property with immediate cash flow and long-term growth potential, this Melville gem delivers unmatched value, visibility, and versatility. DETAILS: • Erf size: 643m² • Zoning: Business 1 DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.