Accepting Offers.
DESCRIPTION:
Position yourself for strong, consistent returns with this exceptional mixed-use investment property, ideally located on the highly trafficked Retreat Main Road.
Offering an impressive 11.5% yield, this asset presents a rare opportunity for both seasoned investors and savvy buyers looking to expand their portfolio.
Set on a generous 1,012m² across two erven, the property is well-configured to maximize income streams, comprising:
• 5 Ground-floor retail units
• First-floor office space (±200m²)
• 3 Residential apartments
• Total monthly income: ±R59,396.26
Property Highlights:
• High-exposure location with excellent visibility and strong foot traffic
• Recently upgraded with new security gates across all retail units
• Well-balanced mix of commercial and residential income streams
• Prepaid electricity meters installed in all units
• Residential units fitted with prepaid water meters
• Secure parking via a long driveway accommodating 4–5 vehicles
• Residential units privately positioned at the rear of the property
Investment Appeal: This property offers a stable, diversified income base with value-add potential, through rental optimization and continued demand for both retail and residential space in this busy node.
Asking Price: R4,995,000 +VAT
DETAILS:
• Erf no (Extent): 82133, Cape Town (506m²)
• Erf no (Extent): 82132, Cape Town (506m²)
• Zoning; General 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.
Property Address
Retreat, Cape Town, Western Cape
