1 670 m² Commercial space in Wellington Central

Commercial Investment Opportunity Erven 719, 721 & 722, Wellington, Western Cape

Positioned in the heart of Wellington''s CBD, between Main Road and Malherbe Street, this substantial commercial holding comprises three adjoining erven with a combined stand size of 3,989m2. Freehold title, with no restrictive conditions or servitudes.

The property is anchored by an established Caltex filling station, with the forecourt and showroom fronting Main Street and the dwelling, workshop and flat fronting Malherbe and Hope Streets. The filling station infrastructure includes four pumps with two nozzles each and two pumps with a single nozzle each, served by underground tanks comprising two ULP tanks 23,000L and 14,000L and a 9,000L diesel tank, installed in 2003.

Above the showroom is a residential flat, with offices and a large workshop also forming part of the site. To the rear, the property offers a further flat, a dwelling, garages, an outbuilding and a generous stretch of vacant land suitable for future development.

Across the three erven, the improvements break down as follows: a forecourt canopy of roughly 400m2 over a concrete floor on Erf 722, with an office and carportgarages to the rear a double-storey building on Erf 721 with the showroom on the ground floor 150m2 and a flat above 150m2, plus a workshop 530m2 extending onto Erf 719 and, on Erf 719, a flat with a porch entrance on Hope Street 120m2, an outbuilding 130m2, garages 260m2, a dwelling 160m2 and an officelean-to 170m2, together with additional yard space.

Construction throughout is predominantly brick under zinc roof sheeting, plastered internally and externally with cement and tile flooring. The improvements are of an older style and, while functional, will require maintenance condition is rated average to below average.

With its prime CBD position, established fuel retail operation, multiple income-producing structures and a sizeable portion of vacant land ripe for development, this holding presents a rare mixed-use commercial opportunity in Wellington.