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Investment Opportunity – Mixed-Use Building for Sale in New Redruth, Alberton

R 7,402,500

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4 months ago244 views
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Description
This well-maintained mixed-use property, located on the prominent Voortrekker Road in the heart of New Redruth, Alberton, offers a rare and valuable investment opportunity. The building stands on an ERF measuring 2,232m² with a Gross Lettable Area of 1,721m², presenting a solid income-generating asset with a diverse and established tenant mix.

Current tenants include a printing shop, chemical store, two supermarkets (one with a takeaway component), micro lenders, and a tattoo studio—demonstrating the property's strong commercial appeal and versatility. All units are equipped with prepaid electricity, giving landlords added control and ease of management. The building also features ample parking for tenants and visitors, excellent exposure on a busy main road, and consistent upkeep that enhances its long-term investment value.

Sale Price: R7,402,500 excluding VAT.

Situated in New Redruth, this location is a sought-after commercial node within Alberton, well-connected to major routes and surrounded by residential suburbs that fuel steady foot traffic. Businesses benefit from high visibility and accessibility, while tenants enjoy the convenience of nearby amenities including shopping centres, banks, and transport links. This property is perfectly positioned for continued growth and strong returns.

Property Reference #: CL116622

Agent Details:
Nkululeko Vilakazi
OfficePlace
API House
Ground floor
85 Wessel Road
Rivonia

Id Subtitle 1330893682
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Estimated monthly repaymentR 75,153
Total property loan amountR 7,402,500
Total interestR 10,634,058
Total repaymentR 18,036,558
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