Prime Commercial Investment Opportunity – Piet Retief
Prime Commercial Investment Opportunity – Piet Retief
Asking Price: R2 650 000
Presenting an excellent commercial investment opportunity in the thriving town of Piet Retief. This well-positioned property offers a combination of generous land size, functional improvements, and steady rental income, making it an attractive addition to any investor’s portfolio.
Situated on a 2,200m² stand, the property features approximately 320m² of built-up space, providing ample room for a variety of commercial uses. The existing improvements are designed to accommodate business operations while offering future potential for expansion or redevelopment.
Currently generating a rental income of R14,500 per month, the property provides investors with an immediate income stream and long-term growth potential. With rates and taxes of approximately R2,000 per month, the holding costs remain manageable, enhancing the property’s investment appeal.
Property Highlights:
* Asking Price: R2 650 000
* Stand Size: 2,200m²
* Building Size: 320m²
* Rental Income: R14,500 per month
* Rates & Taxes: ±R2,000 per month
* Established income-producing asset
* Potential for future growth and expansion
* Suitable for investors seeking stable returns
Whether you are looking to expand your commercial property portfolio or secure a strategically located income-generating asset, this Piet Retief property presents an opportunity not to be missed. Contact us today for more information or to arrange a viewing.
