3 Bedroom House in Groendal

R 12 500 000

Jac Hanekom

Lew Geffen Sotheby’s International Realty-Franschhoek

3 Bedroom House in Groendal

R 12 500 000

Can I afford this?
3 Beds
1 Baths
Land Area 2057 m²

Fantastic opportunity to own a commercial centre with a high ROI in a busy hub of Franschhoek. The property is centrally situated in a prominent position at the gateway to the Groendal and Le Roux communities and is home to the only large supermarket in the area. The centre is fully tenanted and is making a gross income of around R1.2-million a year.

The main building, measuring 949m2, comprises: [a] a large supermarket retail space, with separate bakery, deli and butchery, 3 positive and 1 negative cold rooms, large storage space, offices and staff WCs [b] 5 smaller retail shop spaces and [c] 4 bachelor apartments. All the units are fully tenanted with some long term leases in place.

In addition, there is also a 143m2 3-bedroom house on the property, currently rented out to the owners of the supermarket. A remarkably profitable property in the heart of the Cape Winelands!

(Subject to VAT/ zero rate transaction)

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Key Property Features

3
Bedrooms
1
Bathrooms
8
Covered Parkings
1
Dining Areas
Alarm
Kitchen
Study

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Experience Paarl to Franschhoek

Surrounded by serenity and splendour, the area between Paarl and Franschhoek is simply breathtaking wherever you look. The locals are friendly, helpful people and this area attracts tourists from all over the world. There is an abundance of activities, from historical monuments to quaint farm markets, there's never a dull day here. Paarl offers residents a feeling of safety and security, and a supportive, intimate community. It's a great neighbourhood for families and young couples wanting to be away from busy city life.

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3 Bedroom House in Groendal

R 12 500 000

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