698 m² Commercial space in King Williams Town (Qonce) Central
Prime Commercial Investment Opportunity in King Williamstown!
Position your portfolio for long-term success with this exceptional commercial property, strategically located adjacent to the busy taxi rank in King Williamstown. Benefiting from outstanding visibility and consistently high pedestrian and vehicle traffic, this is a sought-after location for thriving retail businesses.
The property is fully tenanted, providing an immediate rental income stream with established lease agreements already in place. Current tenants include a well-established butchery, general dealer, bottle store, and fisheries, creating a diverse and resilient tenant mix that attracts customers throughout the day.
This is an ideal investment for buyers seeking a secure, income-generating asset in a prime commercial hub with excellent exposure and strong trading activity.
The seller is VAT registered, presenting the potential for the sale to be structured as a zero-rated VAT transaction, subject to the relevant requirements being met. This could offer significant tax advantages for qualifying purchasers.
Whether you are expanding your commercial property portfolio or making your first investment, this is an opportunity not to be missed.
Speak to me about your investment goals and property requirements!
Property details
- Listing number T4234314
- Property type Commercial
- Listing date 30 Sep 2024
- Land size 698 m²
- Floor size 698 m²
- Rates and taxes R 13 377