Income-Producing Corner Property | Horizon | R12,000pm Tenant
This freestanding ±300m² corner property positioned on the busy intersection of Mouton & Bickel in Horizon presents a compelling opportunity for investors seeking immediate cashflow and future upside. The property includes a stable business tenant paying R12,000 per month, with no rental increase applied since commencement — offering clear room for yield enhancement.
Set on a generous ±1,100m² erf, the property includes a 3-bedroom main house configuration plus two flatlets, including a self-contained external granny unit. With eight on-site parking bays and prominent roadside visibility, the asset is well suited to medical practices, consulting rooms or mixed-use business operations.
This is not a residential purchase — it is a strategic income-generating asset within an established node.
