Excellent Investment and Development opportunity for sale in Central Mosselbay
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Prime Property of 1965 Sqm in the heart of Mossel Bay.
Consisting of Business spaces, as well as Six Duplex apartments.
The sea view apartments are well-tenanted.
745 Sqm General Residential Zoned III property for sale in a fast developing area. No servitudes.
The existing 6 Duplex apartment Property, with Business unit, can be converted into Sectional Title units to increase floor space, capacity and Nett Income.
Great opportunity to increase long term income alleviating some of the huge accommodation need in the Mossel Bay area.
An opportunity exists to extend into a 2nd floor for Business, office space or apartments - subject to approval.
The Business Zoned property of 1236 Sqm already has existing tenants. There is a huge opportunity for upgrading and development, especially the prime position of the property and the need for local business in the area.
The properties are located near the popular Point area, Guesthouses, Pubs, Restaurants, Schools, Government Buildings, Take-aways, Gin tasting venues, Coffee shops, Financial Institutions, Bottle stores, Filling stations, Harbour and so many other amenities that Mossel Bay has to offer.
Business Zone I and General Residential Zone III confirmed by the local Municipality.
A demand exits for these types of properties, because of the rapid growth within the Mossel Bay area.
Tourism Strategies and Municipal developments combined with well-managed Spatial developments plans will secure investors with good long-term income revenue streams.
Key Property Features
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