1900 m² Commercial space in Port Shepstone

R 8 500 000

Simon Lee

Wakefields-Shelly Beach

1900 m² Commercial space in Port Shepstone

R 8 500 000

Address: 1 kapenta bay, 1625 princess street
Floor Area 1900 m² Land Area 6595 m²

The entire commercial component of the former Kapenta Bay Hotel on Port Shepstone beachfront is up for grabs!

The individual rooms of the former Kapenta Bay Hotel are currently being sold on a section by section basis. This simply will ensure consistent residential foot traffic to service the restaurant and bar. This leaves then potential for growing the existing conferencing business whilst augmenting this with outside custom for the restaurant and bar.

Consisting of conference rooms, board rooms, offices, restaurant, kitchens, cold and freezer rooms and a bar, all situated beneath 48, three bedroom apartments in a fully secure environment, this presents opportunity for servicing not only the residents of the complex, but also for public customers from the Port Shepstone CBD area.

There are four conferencing facilities, one of 240m2 that can be sectioned off into three distinct facilities, one of 100m2 and for more intimate meetings one of 45m2 and a last intimate one of 17m2.

With the rate for commercial space in the Port Shepstone area averaging far in excess of the rate that is being offered here, it presents a fabulous opportunity for a return on your investment!

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1900 m² Commercial space in Port Shepstone

R 8 500 000

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