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R5,500,000

R5,500,000

779m² Investment For Sale in Randpark Ridge
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INVESTMENT PROPERTY

Web Ref. TPC1020
Land size 3064.00 m²
Floor size 779.00 m²
Monthly Bond Repayment
R50,310.66
Mixed Use Establishment
Prime Mixed-Use Business Opportunity – Ideal for Investors or Business Owner-Occupiers

Summary of the Opportunity

Expected ROI: ±17,46% per annum based on potential gross income at current price level.

A rare and versatile property positioned in the heart of the leafy suburbs of Randpark Ridge.

This opportunity offers a mix of Residential accommodation, Beauty, Health, Working office space, Storage facility, Cafe´ facilities on a secure erf with sufficient parking space.

With current rental return of ±R50,000/month currently, the property presents an additional +R30,000 strong passive income potential.

Property Overview

Zoning Classification: Residential (Business Use Imminent for Approval)

Erf Size: 3,064m2

Building Size (Under Roof): ~779 m2

Power Supply: 3-phase electrical

Access & Loading: Drive-in yard space

Parking Provision: 23 domestic vehicles; truck-friendly access

Occupancy Status: Partial; flexible for immediate owner-use or new leases

Market Positioning

The flexible layout of the property lends itself to an investor/operator hybrid, with demand in the area high for child friendly play facilities within a lush garden around the pool. Ample space for a coffee bar with available spacious fitted kitchen that leads to a seating dining space inside as well as outside around the pool.

Opportunity exists to convert the current Boathouse into additional accommodation rendering AIRBNB possibilities to scale returns.

Investment Considerations

Existing tenants: R50,000

- 3 Cottages

-Upmarket Hair dresser

-Upmarket Wellness and Beauty Parlour

-20m2 office

Existing Infrastructure revenue potential to scale an additional R30,000.00 minimum.

-150m2 Storage facility (30m2 mezzanine level and 120m2 floor area) @ R100.00/m2 = R10000 to R15000pm

-Fitted Coffee Bar with Kitchen (106m2 Coffee Bar area inside and 22m2 outside seating area @ R10100.00)

-Single and Double Garages that can be converted into 2 AIRBNB units. (27m2 Single Garage and 56m2 Garage @ R4500.00 and R6500.00 monthly)

EXTRAS:

Generator size: backup for power outages

Borehole is fitted with a 1.1 kW submersible pump and can deliver up to 4.8m3/h. No storage or pressure tank is fitted.

WI-FI – Fibre ready

DSTV

SWIMMING POOL

ENTERTAINMENT AREA

QUALITY SECURITY SHUTTERS

TWO AUTOMATED GATES

ELECTRIC FENCE

CCTV CAMERA’s

AMPLE PARKING SPACE

ESTABLISHED LOW MAINTANANCE LANDSCAPED GARDEN
Monthly Levy R1
Monthly Rates R3,215.80
Total R3,216.80

Features

Zoning
Mixed Use
Interior
Airconditioning
6 Kitchens
6 Bathrooms
1 Boardroom
Sizes
Land Size 3,064 m²
Floor Size 779 m²
Parking Bays
23 Open Parkings
Additional Amenities
Accommodation
Borehole
Backup Power
(Battery/Inverter)
Listing Info
Date Listed 18-06-25
Time Listed 12:13

Disclaimer

While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.