Baker's Lane (584)

Calling All Entrepreneurs!

Presently tenanted and strategically positioned on the outskirts of Ashton, this property serves as a lucrative investment opportunity with a reliable income stream. Conveniently accessible from the R60, it currently hosts two thriving businesses: a trusted Auto-Electrician at the rear and a popular Bakery and Deli at the forefront.

The property features two separate and operational businesses, each spanning 135m2, ensuring a dual rental income stream. An additional adjoining structure, soon to be completed, presents an exciting opportunity for an investor, offering an extra 135m2 of rental potential as an office, showroom, or storage unit.

Strategically located to capture consistent foot traffic from nearby residents and workers, this property guarantees a steady tenancy. Furthermore, with the imminent completion of the adjoining "factory," a third tenant is on the horizon, offering versatility for potential use as a production and packhouse to meet evolving market demands.

While the property already boasts essential security measures, there's an opportunity for an investor to enhance and upgrade, thereby increasing the overall value of the investment. Spanning 1,722m2 and zoned as Light Industrial, this property not only provides immediate returns but also opens avenues for future development and diversification.

We invite savvy investors to seize this opportunity, schedule a viewing, and explore the promising financial prospects of this strategically located and income-generating investment.