Mixed-Use Investment: 10 Flats and 6 Shops | ±2,000 m² GLA | High Yield Rental Income
A well-established mixed-use investment property in Florida Hills, offering approximately 2,000 m² of gross lettable area on a 2,621 m² stand zoned "Business 2". Darepa Court combines 10 residential flats and 6 retail shops, giving you diversified, high yield rental income from two income streams.
The property is adjacent to Hoërskool Florida and walking distance to Ontdekkers Road (M18) and Louis Botha Drive, which brings steady demand from tenants and passing trade. It is professionally managed, with rental history and statements available to serious buyers.
Residential Breakdown (10 flats)
1 x 3-bedroom flat
2 x 2-bedroom flats
7 x 1-bedroom flats
Garages and parking bays are available to tenants at additional rental.
Commercial Breakdown (6 retail shops)
6 x street-facing retail shops
Strong visibility and passing trade on a well-travelled route
- High yield rental income
- ±2,000 m² GLA across 16 lettable units
- 2,621 m² stand, zoned Business 2 (ZBUS02)
- Diversified income from residential and retail tenants
- Close to Hoërskool Florida
- Easy access to Ontdekkers Road, Louis Botha Drive and the N1
- Pre-paid electricity, water sub-metering per unit
- Professionally managed
- Scope for future redevelopment, subject to municipal approval
- Fibre ready
- ***transfer duty will apply***
