400 m² Commercial space in Cloetesville

Sole Mandate This well-positioned mixed-use commercial property on busy Lappan Street in Cloetesville presents an exceptional investment opportunity in the heart of the Stellenbosch market. Set on a 500m² General Business zoned erf, the 400m² building is currently tenanted as an operating supermarket generating R30 000 per month in rental income delivering a gross yield of 6.49 from day one. The property further benefits from three-phase power, CCTV security, two garages, and five open parking bays, making it a versatile and fully functional commercial asset.

The location is a key drawcard, with the Cloetesville Police Station just 190m away, two primary schools within 500m, and Stelmark Shopping Centre less than 1km away all contributing to consistent foot traffic and strong passing trade. General Business zoning allows for a wide range of future uses, offering flexibility for investors and owner-occupiers alike. With Stellenbosch commercial property values trending sharply upward and comparable sales on Lappan Street confirming strong buyer appetite, this is an opportunity not to be missed.