FOR SALE: PRIME MULTI-USE PROPERTY ON CORNER STAND
Overview:
This prominent property is perfectly positioned on a 1,113m² corner erf and offers a total covered area of 483m². Currently operating as a multifunctional income-generating asset, it includes holiday accommodation, a retail shop, and a fully operational restaurant. With excellent street visibility and ample parking, this property is ideal for both continued commercial use and future development.
Key Features:
- Erf size: 1,113m²
- Total covered buildings: 483m²
- High-visibility corner location
- Currently generating income from:
o Holiday accommodation
o Retail outlet (Stock to the value of R2,5mil excluded from asking price)
o Restaurant
- Ample on-site parking
- Close to schools and local businesses
- Zoning and liquor license applications in process
- Easy access and well-positioned for public foot traffic
Why Invest:
This property presents a unique opportunity for developers and investors alike. Its existing mixed-use functionality provides immediate income, while its location and size offer excellent potential for redevelopment into residential units with commercial components. The ongoing zoning and liquor applications further enhance the value and scope of possibilities.
Whether you're looking to expand an existing portfolio, secure a high-potential investment, or develop a new mixed-use project, this property ticks all the boxes.
Contact: Udalali Business Brokers (www.udalali.co.za)
(Asking Price Excludes VAT)
