R 2 350 000
| Commercial Property for Sale in Morningside
3
Exceptional Investment Opportunity
Unlock the potential of this free-standing commercial property ideally situated in the heart of Windermere, featuring highly desirable GR2 zoning. Currently divided into two separate sections, one half of the property is already generating a solid rental income, while the other remains vacant—offering flexibility for owner-occupation or additional rental prospects. The drywall can be removed to create a spacious open-plan office, with the option to add partitioned sections for individual offices. The layout is also ideal for a restaurant or a call center, offering excellent flexibility for various business needs.
Located on Stamford Hill Road, this property enjoys excellent visibility and accessibility. Its strategic position along a high-traffic corridor ensures strong exposure, making it ideal for businesses looking to establish a visible presence. Proximity to major transport routes, public transit, schools, and shopping centers further enhances its appeal to tenants and investors alike.
An added bonus is the outbuilding, which is currently used as a control room for a security company. The property also boasts ample parking for up to 10 vehicles, a rare and valuable feature in urban environments.
Additional Highlights:
Prepaid electricity meters installed
Currently generating approximately R24,000 in monthly rental income
High-demand location with strong investment potential
Don’t miss this outstanding opportunity to secure a prime commercial property with excellent income potential and room for further growth.
CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as RE/MAX Address (Berea) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
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Contact AgentWeb Ref 115971532
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