Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.
POA

Commercial Property On Auction in Yeoville

  • Floor Size 300 m²
  • AUCTION
ON AUCTION - 18 JUNE 2025 - Newly Redeveloped Mixed-Use Investment Property

ON AUCTION - 18 JUNE 2025 - Newly Redeveloped Mixed-Use Investment Property

This exceptional mixed-use property consists of 8 retail shops and 6 residential flats, ideally located on the busy corner of Kenmere and Webb Road—a high foot-traffic area with strong demand for both retail and residential spaces.

The property has been newly redeveloped and zoned Residential 4, allowing for greater density and flexibility in use. Each residential unit includes its own private bathroom, and the entire development has been designed for low maintenance, featuring prepaid electricity and water meters.

Currently fully let, the property generates a gross monthly income of R54,000, offering investors a stable cash flow and a high return on investment.

This is a prime opportunity to secure a well-performing asset in a thriving, high-demand location.

ON AUCTION - 18 JUNE 2025 - Newly Redeveloped Mixed-Use Investment Property

This exceptional mixed-use property consists of 8 retail shops and 6 residential flats, ideally located on the busy corner of Kenmere and Webb Road—a high foot-traffic area with strong demand for both retail and residential spaces.

The property has been newly redeveloped and zoned Residential 4, allowing for greater density and flexibility in use. Each residential unit includes its own private bathroom, and the entire development has been designed for low maintenance, featuring prepaid electricity and water meters.

Currently fully let, the property generates a gross monthly income of R54,000, offering investors a stable cash flow and a high return on investment.

This is a prime opportunity to secure a well-performing asset in a thriving, high-demand location.

Listing number: P24-116021939, Image number: 1, Image
Listing number: P24-116021939, Image number: 2, Image
Listing number: P24-116021939, Image number: 3, Image
Listing number: P24-116021939, Image number: 4, Image
Listing number: P24-116021939, Image number: 5, Image
Listing number: P24-116021939, Image number: 6, Image
Listing number: P24-116021939, Image number: 7, Image
Listing number: P24-116021939, Image number: 8, Image
Listing number: P24-116021939, Image number: 9, Image
Property Overview
Listing Number
116021939
Type of Property
Commercial Property
Street Address
Listing Date
27 May 2025
Erf Size
495 m²
Floor Size
300 m²
Parking
2
Loading Loading
Loading Loading

Contact Broker

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with Property24’s
Terms & Conditions and Privacy Policy.

Contact Broker

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

Auction Details

18 June 2025, 12:00
THE WANDERAS GOLF COURSE - RUDD ROAD ILLOVO
Attend

Share

PrintPrint
Brochure
Loading