1 3rd Street, La Rochelle (Turffontein) – Mixed-Use Property for Sale

This 495sqm standalone property offers an excellent investment opportunity within the thriving business node of Turffontein. The building is currently generating a total monthly income of approximately R40 194.24, delivering an attractive yield of around 15%. Municipal rates are R5 170.10 per month, with refuse charges of R1 006.22. Water and electricity are metered, ensuring straightforward cost management.

The property consists of a well-positioned supermarket on the ground floor and a school on the upper level, making it ideal for continued mixed-use operation or potential redevelopment. Its prominent position along a busy main road ensures high visibility and consistent foot traffic, enhancing the long-term value of the investment.

Situated in the vibrant suburb of La Rochelle, Turffontein, this area is known for its strong commercial activity, diverse community, and easy access to key routes including Turffontein Road and the M1 freeway. Businesses in the area benefit from steady passing trade and close proximity to public transport, schools, and residential neighbourhoods—creating a supportive environment for retail and service-based operations.

With its solid income, excellent exposure, and strategic location, this property is ideal for investors seeking a stable, income-generating asset with long-term growth potential.

Property Reference #: CL117765

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