Positioned on one of Korste1n''s busy commercial roads, this substantial mixed-use property presents an outstanding opportunity for investors seeking immediate rental income with future redevelopment and value-add potential.
The ground floor is occupied by a long-standing convenience store tenant, providing an established income stream from day one.
The first-floor residential section is currently tenanted and offers generous accommodation comprising 3 Spacious Bedrooms with balcony access, Large Lounge, Kitchen and Bathroom.
The upstairs residence showcases the charm of a solid older building, featuring high ceilings, beautiful original wooden floors and exceptionally spacious rooms throughout. Large windows leading to the balcony allow plenty of natural light, enhancing the sense of space. The kitchen is neat and functional, fitted with built-in cupboards, tiled flooring, ample workspace and room for appliances, providing everything needed for comfortable day-to-day living.
The bathroom has been modernized, while retaining the property''s character with its high ceilings and excellent natural light.
The backyard contains older outbuildings and additional structures, presenting an excellent opportunity for further development, additional rental units, storage facilities or business expansion subject to municipal approvals.