Commercial space in Korsten
Positioned in the established commercial hub of Wright Street, Sidwell, this well-located commercial property presents an excellent opportunity for investors seeking an immediate income-producing asset.
Situated on two adjoining erven with a combined size of 913m² 415m² 498m², the property offers ample space and excellent potential for future growth or redevelopment, subject to the necessary approvals.
Currently tenanted, the property generates a rental income of R33 000 per month, providing an immediate return on investment from the date of transfer.
Its prime location within a busy commercial precinct offers excellent accessibility and exposure, making it suitable for a variety of commercial or industrial uses. Whether you''re looking to expand your investment portfolio or secure a well-positioned commercial asset with an established tenant, this property offers outstanding value and long-term potential.
Property Highlights:
Combined erf size: 913m² 415m² 498m²
Established tenant in place
Excellent commercial location
Strong investment potential
This is a rare opportunity to acquire a fully tenanted commercial property in one of Gqeberha''s established business districts.
All information, including sizes, rates, taxes, levies and zoning, is supplied by the seller and subject to verification.
TIADOR 150 CC trading as REMAX Independent Properties Lorraine operates in terms of a franchise agreement with REMAX of Southern Africa.
Property details
- Listing number T5607319
- Property type Commercial
- Listing date 1 Sep 2026
- Land size 913 m²
- Rates and taxes R 3 250