Floor Area 68 m²
Rates R 1432
Levy R 3216
Tenanted retail space in prime location, excellent investment opportunity in Plein Street, Stellenbosch.. Discover this hidden gem in the heart of Simonsplein! Nestled within the popular courtyard with the soothing sounds of a fountain, this commercial space is an absolute treasure.
Size: 68m2 (excluding bathroom facilities)
Amenities: Air-conditioning for comfort all year round
Utilities: Pre-paid electricity for convenience
Lease Agreement Highlights:
Tenant responsible for monthly Municipal rates and taxes
Initial term: 3 years with an option to extend for 2 more years.
Yearly escalation: 9% for predictable financial planning
Yield figures are available upon request, showcasing the promising returns this space can offer.
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