Property description

Prime East Lynne Commercial Investment with Multiple Income Streams
This versatile commercial property in East Lynne presents a compelling investment opportunity for entrepreneurs and investors seeking to generate multiple income streams from a single asset. Strategically located in a high-traffic area next to a newly renovated petrol station, the property benefits from consistent customer exposure and excellent visibility.
The building comprises a well-configured mix of commercial and potential residential spaces. The ground floor features three operational retail units: a second-hand furniture shop, a hardware shop with generous floor space and additional storage at the rear, and a salon. A dedicated courtyard provides multiple parking areas suitable for service vehicles, deliveries, and customer parking. Additional office space is available for professional use or rental purposes.
The upper floors offer significant redevelopment potential. Subject to necessary approvals, these spaces could be converted into residential flats or additional rental units, substantially increasing the property's income-generating capacity. The total floor area of 1,857 square metres across a 2,550 square metre erf provides ample scope for creative subdivision and optimisation.
Key Features
Three operational retail units generating current income
Dedicated courtyard with multiple parking areas
Professional office space available for lease
Upper floors with residential conversion potential
Prime location with high passing traffic and visibility
Adjacent to newly renovated petrol station
Substantial floor area for flexible use and subdivision
With strategic planning and investment, this property can be transformed into a diversified income-producing asset combining commercial and residential revenue streams. The location, existing infrastructure, and development potential make this an attractive proposition for investors seeking long-term returns. Contact us today to arrange a comprehensive viewing and discuss how this property can meet your investment objectives.