504 m² Retail Space in Uitenhage Central

A versatile property business zoned 1 offering residential rentals, business premises and established income.

A portfolio of possibilities, right in the heart of Uitenhage.

For the investor looking beyond a conventional buy-to-let property, this well-positioned business building in Caledon Street offers a combination of residential accommodation and retail space, bringing different rental opportunities together under one roof.

With convenient access to major amenities, public transport routes, established businesses and public services, the property is ideally positioned for tenants searching accommodation or business premises.

The seller has 2 complexes to sell together the other situated in Cannon Street. Selling each for R2 750 000 excl. VAT also refer to listing with Ref RL988207 on Just Property Website.

The property offers :

10 one-bedroom apartments, each with a bathroom and open-plan lounge and kitchen size 36m2 each.

4 retail or office spaces, offering flexibility for a variety of business tenants measuring approximately 80m2 each.

Sufficient parking spaces to the front of the building, street parking as well as parking behind the building for the occupants.

All 14 units are fitted with Prepaid water and electricity meters.

An established, fully tenanted rental portfolio generating an income of approximately R40 000.

The combination of residential and retail tenants provides an opportunity to diversify rental income within a single property.

For the investor wanting to grow the portfolio : this property is being offered together with the seller''s Cannon Street property, creating the chance to acquire two income-generating properties in one transaction. The property is sold voetstoots as part of the combined sale.

Two properties with substantial investment.

Contact me to discuss the combined portfolio, obtain further information and arrange a viewing.