68 m² Commercial space in Stellenbosch Central

68

Tenanted retail space in prime location, excellent investment opportunity in Plein Street, Stellenbosch.. Discover this hidden gem in the heart of Simonsplein! Nestled within the popular courtyard with the soothing sounds of a fountain, this commercial space is an absolute treasure.

Size: 68m2 (excluding bathroom facilities)

Amenities: Air-conditioning for comfort all year round

Utilities: Pre-paid electricity for convenience

Lease Agreement Highlights:

Tenant responsible for monthly Municipal rates and taxes

Initial term: 3 years with an option to extend for 2 more years.

Yearly escalation: 9% for predictable financial planning

Yield figures are available upon request, showcasing the promising returns this space can offer.

Property details

  • Listing number T4535066
  • Property type Commercial
  • Floor size 68 m²
  • Rates and taxes R 1 432
  • Levies R 3 216

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