Retail space in West Bank

R 3 500 000

Lauren Meyer

Pam Golding Properties-Port Alfred Rosehill Mall

Retail space in West Bank

R 3 500 000

20 stewart road
Can I afford this?
Land Area 693 m²
Rates R 1422

EXCELLENT OPPORTUNITY IN SOUGHT AFTER AREA. Look no further if you're in the market for a great commercial investment. Boasting great returns, this property has seven business premises all fitted with gas geysers, three apartments of approximately 52m situated up stairs, as well as office, storeroom and workshop facilities. The apartments are let at R3 500 per month and are all currently tenanted. They are fitted with solar heaters. Six of the seven business premises are currently let out to a diverse range of occupying businesses. Advantageous to this establishment, these include a salon, restaurant and laundry - business available for separate purchase.

Shop 1 : a coffee lounge/small type restaurant with internal and garden / terrace seating for 40 patrons. Separate kitchen. 2 dedicated toilets with foyer.

Shop 2 : Small wine boutique with deli section , concentrating on smaller owner run wine estates and gourmet cheeses as well as charcuterine. small kitchen area with gas geyser.

Shop 3 : Hairdressing Salon. Gas geyser.

Shop 4 : Training center for aviation and marine VHF training with accredited Certification. Separate Kitchen / Store Area.

Shop 5 : Sports trigger point therapy , reflexology. Nutritionist. Sink with gas geyser.

Shop 6 : Coin operated , self served Laundromat.

There is a seventh shop available.

Apartment 1.

Ca sqm with terrace of 40 sqm , with 2 huge gable end windows floating bedroom with kitchenette with gas hob. bathroom with shower.

Used as holiday apartment

Apartment 2

Ca.50sqm with 8 m long balcony , Sep. bedroom , with en suite bathroom with shower , big kitchen. Gas stove.

Apartment 3.

Ca. 50 sqm , double volume , sep. toilet bathroom with basin and family shower. lots of built in cupboards with mirror fronts , built in bookshelves , granite kitchen with dishwasher , gas stove. wood floor. 10 sqm Balcony.

the entire building has power coated Aluminium sliding doors and windows , walls are brick and painted plaster. Floors are tiled , wood , or colour floated screed. The roof is corrugated iron , municipal electricity , solar powered water geyser , LED lights in all public places, 4 water tanks with 17000 l water , Water and electricity are recovered individually with installed electric and water meter with isolation valves.

A 7.5 kw generator ensures full operation in case of power cuts.

Parking for the apartment tenants is gated and secured behind the building.

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Retail space in West Bank

R 3 500 000

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