R 19 800 000

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3980 m² Commercial space in Jeffreys Bay

369 m² 3980

Nestled in a high-demand location surrounded by popular apartment blocks, restaurants, and recreational activities, this commercial property exudes a casual and welcoming atmosphere that attracts both locals and visitors alike. Its vibrant surroundings create a dynamic setting for a wide range of potential uses, making it a lucrative investment opportunity for savvy investors.

**Investment Opportunities:**

1. **Development Potential:**

This property offers immense potential with its flexible zoning that permits a variety of uses, including business, residential, and the opportunity to develop up to 7 stories. A comprehensive Project Design Proposal is available, showcasing different development scenarios such as commercial spaces, retail outlets, hospitality venues, frail care units, and luxurious seafront apartments. This flexibility allows investors to tailor the property to suit their specific investment goals and capitalize on the diverse needs of the market.

2. **Rental Income Potential:**

Alternatively, investors can choose to acquire the property in its current state and continue renting out the 16 different spaces, benefiting from an attractive monthly rental income stream. The property''s existing tenant list, along with details of monthly income, zoning certificate, building plans, and project design proposal, can be provided upon request. This option offers a stable and consistent source of revenue for those looking for a passive income opportunity.

**Serious buyers seeking a prime investment opportunity in a thriving location are encouraged to reach out for more information. Don''t miss the chance to own a valuable piece of real estate in one of the most sought-after areas in Jeffreys Bay.

Property details

  • Listing number T4524067
  • Property type Commercial
  • Erf size 369 m²
  • Floor size 3 980 m²

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