When people talk about real estate investing.

When people talk about real estate investing. They only talk about residential units no one talks about investing in retail spaces.

Like this commercial space it's R1.2 million has two shops and offices already occupied by a dentist.
Your bond will be R11k
Your estimated rent per shop will be R6k and for the offices R12k
So total rental income should be around R24k
If you buy this property and get tenants that will sign five year plus leases it means in 5 years the bond will be paid off.

Let's compare this commercial space to two flats. You use the same R1.2 million you buy two flats. Estimated rental income from each will be around R5500 total R11k bond R11k still going to minus levies.

So would you opt for buying a flat with your money or buying a retail space.

People always complain that the rent is too high in Town. But they never think of buying those spaces. Buy the shop rent it out. Buy the liquor store rent it out. By the saloon rent it out. Let someone else do the hard work for you. There are plenty of good commercial spaces you can get for R1 million.

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