Mixed Use Investment Opportunity Opposite Oriental Plaza – Fordsburg
9 Beds
7 Baths
5,307 Sqft lot
Updated: October 1
5
About the Property
Prime investment opportunity in Fordsburg, ideally positioned directly opposite the Oriental Plaza. This well-maintained, maintenance-free face brick building offers a combination of substantial retail and residential accommodation.
Property Highlights:
* ±500 sqm ground-floor retail space * Potential retail rental: R25,000–R30,000 per month, excluding utilities * Excelle
Prime investment opportunity in Fordsburg, ideally positioned directly opposite the Oriental Plaza. This well-maintained, maintenance-free face brick building offers a combination of substantial retail and residential accommodation.
Property Highlights:
* ±500 sqm ground-floor retail space * Potential retail rental: R25,000–R30,000 per month, excluding utilities * Excellent retail frontage and versatile commercial space * 9 residential units * Spacious 3-bedroom units with fitted kitchens * Bachelor flats * Large upper-floor residential accommodation with 8 bedrooms and 4 bathrooms * Potential to subdivide upper floors into additional units, subject to approvals * Lift access to all floors * Individually metered electricity * 2 undercover parking bays * ERF size: 493 sqm * Rates & Taxes: ±R6,000 per month * Face brick, low-maintenance construction
Investment Potential
The ±500 sqm retail component provides an attractive commercial income opportunity, while the residential units offer additional rental potential. The property’s mixed-use configuration creates flexibility for residential, retail, student or shared accommodation.
A strategically positioned income-generating property in the heart of Fordsburg, directly opposite the Oriental Plaza.