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496m² Apartment Block For Sale in Norwood
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Fully let residential flats with ground floor shops for sale....

Web Ref. CL12380
Land size 496.00 m²
Floor size 496.00 m²
Prime mixed-use Investment Opportunity for Sale.

This exceptional mixed-use property offers a fantastic investment opportunity in a prime, high demand location. The building consists of 16 residential apartments above and 6 ground-floor retail shops, creating multiple income streams from both residential and commercial tenants.

The residential section features 16 well-designed units, consisting of 6 studio apartments and 10 one-bedroom flats. These units are ideal for young professionals, couples and tenants seeking convenient and affordable urban living.

On the ground floor are 6 retail shops with excellent street visibility and access, making them attractive to a variety of businesses and ensuring strong demand.

An added advantage to this investment is the included vacant stand measuring approximately 495 sqm, offering excellent development potential. The land can be untilized for future expansion, additional residential units, parking facilities or further commercial development, significantly increasing the long-term value of the property.

This is a unique opportunity to acquire a well-located mixed use investment property with additional development potential, offering stable income today and strong growth opportunities for the future.

Ideal for investors and developers looking to expand their portfolio with a high-yield property.
Monthly Rates R15,113

Features

Zoning
Commercial
Sizes
Land Size 496 m²
Floor Size 496 m²
Parking Bays
25 Open Parkings
Listing Info
Date Listed 12-03-26

Disclaimer

While every effort will be made to ensure that the information contained within the Just Property Group website is accurate and up to date, Just Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.