Commercial Property for sale , 32, Malherbe Street

32, Malherbe Street, Wellington Central, Wellington

  • 490 m²

  • 320 m²

Ref: CLF495

Prime Investment Opportunity in Wellington CBD
Investment Property in Wellington's Central Business District

Situated in Wellington's vibrant CBD, just off Church Street , this mixed-use property offers a unique opportunity for investors. With a combination of ground floor commercial units and first floor residential apartments, this property provides strong rental income and future growth potential.

Property Highlights:

• Varied Tenant Base: The ground floor features four commercial units occupied by a clothing store, hair salon, biokinetics practice, and physiotherapy .

• Fully Occupied Apartments: The first floor comprises four fully tenanted apartments.

• Strong Rental Yield: With a monthly income of R45 000, this property is an attractive investment with the potential for increased returns over time.

This property is a great choice for investors looking for reliable income and the possibility of capital appreciation in the future.

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  • Tenure

    Freehold
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