The double storey commercial property is a great rental income opportunity. The fact that it has several tenants running different operations in rental units of varying size and type is a positive, as it means there are multiple income streams.
The fact that the property has been internally adapted to suit the requirements of each tenant is also a positive, as it means the tenants are likely to be happy with their space and less likely to vacate.
It's good to know that the property has business 1 zoning rights, as this means it can be used for a wide range of commercial activities.
It's worth noting that the property is a sectional title with participation quota of 79.4% in the scheme for the whole block, which means that the owner has a share in the common property of the block. The fact that the other owner owns 20.6% is also important to know, as it may impact decisions about the property in the future.
It's worth noting that parking is public on the RHS, which means that tenants and customers will need to find parking in the area.