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Prime Commercial Property In Kenton-on-Sea For Sale

Kenton-on-Sea, Eastern Cape, South Africa
Asking Price:
R5,900,000
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Exceptional commercial property investment opportunity in the heart of Kenton-on-Sea, one of the Eastern Cape's most desirable coastal destinations. Situated on a prominent main road, this versatile property offers excellent visibility, accessibility, and long-term growth potential for investors, developers, and owner-operators alike.

The property is currently configured for commercial use and benefits from a strategic location with strong exposure to both local residents and visitors. Kenton-on-Sea continues to experience growth in permanent residents within higher-income demographics, while the region's expanding tourism sector continues to attract increasing numbers of domestic and international visitors.

The property's Business Zoning rights provide significant development flexibility, allowing for retail shops, restaurants, offices, financial institutions, gyms, mixed-use developments, and residential accommodation above ground floor level. Development advantages include a 0m street building line, 0m side and rear building lines, 100% coverage, and a maximum building height of 11 metres, creating substantial redevelopment and expansion opportunities.

This asset also presents potential for conversion into a residential property with business rights, making it ideal for buyers seeking a live-work lifestyle or investors looking to maximise future value. Strong rental income opportunities further enhance its investment appeal.

Support and additional information can be provided to qualified buyers. Viewings are strictly by appointment. Enquire today to explore the full potential of this exceptional Kenton-on-Sea property investment.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Potential for residential conversion with business rights, subject to relevant approvals.

Premises Details:

Standalone commercial property positioned on a main road in Kenton-on-Sea with excellent visibility, accessibility, and development potential. The property is offered separately from the established Kenton Asian restaurant business.

The restaurant operating from the property is sold separately and is not included in the sale price. The restaurant business operates as a VAT-registered Pty Ltd and VAT may apply to that transaction. Transfer Duty applies to the land purchase.

Size in square feet:
7,384

Business Operation

Expansion Potential:

Significant development potential under Ndlambe Business Zoning regulations. Permitted uses include shops, restaurants, offices, financial institutions, gyms, mixed-use developments, and residential accommodation above ground floor level. Development parameters include 100% coverage, 11m height allowance, and zero building line restrictions.

Competition / Market:

Well-positioned within a growing coastal town with increasing residential demand, tourism activity, and commercial development opportunities.

Reasons for selling:

Investment property available for acquisition.

Other Information

Support & training:

Property information and support available to qualified purchasers.

Financing available:

Financing Available
Purchase options may be discussed.