405 m² Commercial space in Modimole (Nylstroom)
Unlock the Potential of This Spacious Family Home with Investment Opportunities!
This exceptional retailwarehouse property, located in a high-visibility area on Main Street, offers a fantastic investment opportunity with established tenants and room for further income growth.
Property Overview:
Land Size: 2,255 m2
Building Size: 1,570 m2
Buildings: 4 separate structures
Current Tenants: 3 long-term, reliable tenants
Current Rental Income: R40,000 per month
Potential Rental Income: Up to R60,000 per month when fully let
Key Features:
Former Bakery Space Vacant & Ready for Business
Previously a well-known bakery for years
Ideal for multiple business types retail, cafe, restaurant, courier or
warehouse
Includes a cash grab feature secure cash handling area
Separate back entrance for deliveries or staff access
Existing Tenants Provide Immediate Income
Three tenants currently occupy the property, ensuring steady cash
flow one of them is a tenant for almost 20 years!
Diverse business mix, adding stability to the investment
Strategic Main Street Location
High foot traffic and excellent exposure
Easy access for customers and suppliers
Ample parking and space for loadingunloading
This property presents a strong investment opportunity for an owner-operator or investor looking to maximize rental income while benefiting from an established commercial hub. Dont miss out on this high-potential retailwarehouse space!
For more details or to arrange a viewing, contact us today.
Property details
- Listing number T4990045
- Property type Commercial
- Listing date 5 Mar 2025
- Land size 2 225 m²
- Floor size 405 m²
- Rates and taxes R 7 600