Property description

This substantial commercial property, strategically located on a prominent corner in Randfontein Central, Randfontein, South Africa, offers a compelling investment opportunity. Spanning an erf size of 770 sqm, the site comprises both single-story and two-story brick buildings with multiple shopfronts. Currently, it accommodates a diverse range of businesses, including a scrap metal dealer, general dealer, funeral parlour, motor workshop, and upholstery shop. Its prime street-facing position ensures high visibility and accessibility, making it ideal for various commercial ventures. The interior spaces provide considerable flexibility, featuring long, spacious layouts and high ceilings. Units showcase a mix of corrugated metal and painted brick walls, with flooring varying from concrete to worn tiles. While the property currently exhibits signs of wear and disrepair, necessitating significant renovation and cleaning, this presents a valuable opportunity for prospective owners to modernise and tailor the spaces to their specific business requirements. Basic plumbing for restrooms is available within some units, providing essential amenities. This property holds immense investment potential, whether for owner-occupation or as a multi-tenant income-generating asset. The existing business mix highlights the premises' versatility, and its prime location within a commercially active suburban area supports strong redevelopment or refurbishment prospects. Direct street frontage on two roads further enhances its appeal, offering multiple access points and excellent exposure to passing traffic and pedestrians. Randfontein Central is a well-established suburban area, characterized by its commercial activity, providing a consistent flow of potential clientele and a supportive environment for businesses. Key Features: * Prominent corner location * Multiple commercial units/shopfronts * 770 sqm Erf Size * High visibility and accessibility * Existing commercial zoning/use * Versatile interior layouts * Investment potential for renovation/redevelopment * Located in Randfontein Central