NEW
495m² Office For Sale in La Rochelle
R2,500,000
1 3rd Street
Web Ref
CL117765
Monthly Rates
R5,170.10
1 3rd Street, La Rochelle (Turffontein) – Mixed-Use Property for Sale
This 495sqm standalone property offers an excellent investment opportunity within the thriving business node of Turffontein. The building is currently generating a total monthly income of approximately R40 194.24, delivering an attractive yield of around 15%. Municipal rates are R5 170.10 per month, with refuse charges of R1 006.22. Water and electricity are metered, ensuring straightforward cost management.
The property consists of a well-positioned supermarket on the ground floor and a school on the upper level, making it ideal for continued mixed-use operation or potential redevelopment. Its prominent position along a busy main road ensures high visibility and consistent foot traffic, enhancing the long-term value of the investment.
Situated in the vibrant suburb of La Rochelle, Turffontein, this area is known for its strong commercial activity, diverse community, and easy access to key routes including Turffontein Road and the M1 freeway. Businesses in the area benefit from steady passing trade and close proximity to public transport, schools, and residential neighbourhoods—creating a supportive environment for retail and service-based operations.
With its solid income, excellent exposure, and strategic location, this property is ideal for investors seeking a stable, income-generating asset with long-term growth potential.
The property consists of a well-positioned supermarket on the ground floor and a school on the upper level, making it ideal for continued mixed-use operation or potential redevelopment. Its prominent position along a busy main road ensures high visibility and consistent foot traffic, enhancing the long-term value of the investment.
Situated in the vibrant suburb of La Rochelle, Turffontein, this area is known for its strong commercial activity, diverse community, and easy access to key routes including Turffontein Road and the M1 freeway. Businesses in the area benefit from steady passing trade and close proximity to public transport, schools, and residential neighbourhoods—creating a supportive environment for retail and service-based operations.
With its solid income, excellent exposure, and strategic location, this property is ideal for investors seeking a stable, income-generating asset with long-term growth potential.
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Features
Zoning
Commercial
Exterior
Security
Yes
Sizes
Floor Size
495m²
La Rochelle, Johannesburg
Randburg is well-known within the sprawling metropolitan location of Johannesburg. It is largely the location of many commercial and industrial nodes, however, there are also various locations where people live. The history of the area dates back to 1959 and is in fact made up of 32 suburban locations which make up greater Randburg area. The name is in fact named after the currency of South Africa. In modern-day...
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