Commercial space in George Central

Location, location! Prime business location, situated in the heart of the George South business hub on a busy main road. This centrally located property is currently utilized as both a car dealership and a residential home. It also comes with 3D plans for an apartment complex, should you decide to develop the large stand.

This is a rare opportunity to acquire a one-of-a-kind, income-generating property where you can live and work from home.

Zoned and suitable for business use buyer to confirm with the municipality.

Furthermore, the main house features 4 bedrooms and 3 bathrooms. There is a separate flat at the back of the property, multiple storage rooms, a braai room, and a large, pet-friendly back garden.

Potential rental income breakdown:

Car sales floor area: R18,000 pm

Main house: R16,000 pm

Flat: R8,000 pm

Total rental income: R42,000 pm with the possibility to build an additional flat for further rental income.

The property is registered in a CC-No transfer duty

Alternatively, buy as an investor to acquire shares in the property and develop it.