1 729.8 m² Commercial space in East London Central

Established Coastal Commercial Property Crossways

An excellent opportunity to acquire a well-established Business Zone 1 commercial property along the East Coast in Crossways, offering a combination of established businesses, rental accommodation and additional income-generating spaces.

The property currently accommodates four established businesses with existing tenants, providing rental income from the outset. In addition, there is an established butchery, separate from the four existing businesses. The butchery equipment is included in the purchase price, giving the new owner the opportunity to continue the existing operation. This provides a total of five businesses on the property.

The property also features five storage units, offering additional rental potential, as well as a garden flatlet, bachelor unit and two-bedroom home. These residential spaces can be rented out, used for staff accommodation or provide convenient on-site accommodation for the owner.

Additional features include a generator, a borehole, water tanks and three septic tanks, providing valuable infrastructure for the property and its businesses.

The property offers potential rental income of approximately R90,000 per month, subject to the existing rental agreements and occupancy. With its mix of commercial, storage and residential components.

A unique opportunity to acquire an established Business Zone 1 property at Crossways on the East Coast, with the flexibility to continue the existing operations or explore further commercial opportunities.

For more in-depth information regarding the property, existing tenants, rental income and included equipment, please contact us today.