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R3,500,000

R3,500,000

367m² Investment For Sale in Grahamstown Central
45 New Street
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Prime Investment Opportunity – Wagon Wheel Property

Web Ref. CL10116
Land size 670.00 m²
Floor size 367.00 m²
Monthly Bond Repayment
R33,331.31
An exceptional opportunity to acquire a high performing mixed use investment property generating approximately R40,000 in monthly rental income. Perfectly positioned adjacent to the bustling Pepper Grove Mall, this property seamlessly combines commercial and residential rental streams, offering diversified income and long-term growth potential.

🔑 Key Investment Highlights:

A well established and popular restaurant occupies the main retail space, providing a stable and reliable income stream.

Residential Component:
Includes one cottage and six bachelor flats, all tenanted, offering consistent monthly income and minimal vacancy risk.

Unbeatable Location:
Strategically located alongside Pepper Grove Mall, ensuring high visibility, foot traffic, and future value appreciation as the precinct continues to develop.

Strong Rental Yield:
A balanced tenant mix across commercial and residential spaces enhances income stability and reduces investment risk.
Low Management Overhead:
Fully let with a strong rental history and professional management in place.

This is a rare chance to secure a well-positioned, high-yield asset in one of Grahamstown’s most desirable and vibrant mixed-use zones. Ideal for seasoned investors looking to expand their portfolio or first-time buyers seeking a high-performing, income-generating property.
Monthly Rates R2,000

Features

Zoning
Mixed Use
Interior
Furnished
Exterior
Security
Sizes
Land Size 670 m²
Floor Size 367 m²
Additional Amenities
24 Hour Access
24 Hour Response
Electric Gate
Secure Parking
Accommodation
Alarm System
Bachelor Studio
Listing Info
Date Listed 04-02-25
Time Listed 11:09

Disclaimer

While every effort will be made to ensure that the information contained within the Just Property website is accurate and up to date, Just Property 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.