1 358 m² Commercial space in Citrusdal
Commercial mixed-use property with strong yield and future potential.
Going on Auction: Wednesday 29 April 2026
Reserve Price: R12 000 000.00 All offers will be reviewed
Expected Opening Bid: R10 500 000.00
Non-refundable 10 commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer Payable by the buyer
High-yield mixed-use property with immediate and future returns.
This exceptional commercial mixed-use property represents a rare and compelling investment opportunity, ideally positioned on a substantial 3,464m² erf with prominent dual access from Voortrekker Street and Loop Street, ensuring excellent visibility, accessibility, and long-term strategic value. The property offers a highly desirable blend of commercial, residential, and multiple income-generating rental components, creating a well-diversified asset with strong existing cash flow and broad tenant appeal. Its versatile configuration lends itself to a range of uses, while the scale and positioning of the site further enhance its future redevelopment and expansion potential. For discerning investors seeking a high-exposure, high-yield property with immediate income generation and significant upside, this is an outstanding opportunity to secure a prime asset in a growing commercial node.
PROPERTY DESCRIPTION:
Main House:
Five bedrooms.
Two family bathrooms.
Lounge.
Dining room.
Kitchen with melamine counter tops, BICs, scullery, washroom that can accommodate 4 appliances, double oven and a four-plate stove.
Tiled flooring
SECOND HOUSE:
Four bedrooms.
Shower & basin
Separate toilet & basin.
Study.
Kitchen with melamine counter tops & BICs.
STAFF QUARTERS:
Two bedrooms.
Kitchen.
Bathroom with a separate toilet.
WENDY HOUSE:
All open plan bedroom, kitchen and a private bathroom.
STOREROOM:
Two spacious rooms closed.
OUTDOOR FEATURES:
Spacious, well-maintained garden with irrigation system.
Swimming pool, stunning spacious area with loads of shade.
Single garage with a walk through to two storeroom areas in the garage.
Secure parking for ten vehicles.
Built-in braai area
SECURITY:
Alarm system.
Safety gates.
Remote access, only back gate in Loop Street.
FLATLET ABOVE THE SHOPS:
Three bedrooms.
Shower.
Separate toilet & basin.
Kitchen area.
SHOP ENTRANCE:
Two storerooms.
Kitchen area that you can equip to make operational with an exit gate for stock deliveries.
Built-in wood fire pizza oven ten pizzas at a time.
Walk-in fridge.
Walk-in freezer.
Shop open space.
SHOP ONE:
Spacious open space.
Entrance door.
Small change room.
SHOP TWO VODAGO SHOP:
Two open spaces.
Entrance door.
SHOP THREE CASH LOANS SHOP:
Reception area.
Built-in cubicles for cash loans.
Office space.
Kitchen area.
Bathroom.
TOTAL INCOME: R110 1000.00
DEFECTS & DISCLOSURES:
The seller declared no major defects to the property.
Onus is on the purchase to do their own due diligence.
The property is sold voetstoots.
CONDICIONS OF SALE:
Valencia Superette not sold as a going concern.
If the purchaser would like to after the agreement of the sale, purchase the stock in the shop this can be discussed.
Equipment fridges, tills, systems ect also not part of the transaction.
Empty shop no stock, no display.
INVESTMENT OPPORTUNITY:
To knock all down and you may build one floor underground parking.
Double storey above ground Block of flats.
Rawson Auctions Southern Region are obligated by law to market the property at the Reserve Price as listed herein. A Reserve Price is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the propertys market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.
Property details
- Listing number T5457350
- Property type Commercial
- Listing date 15 Apr 2026
- Land size 3 464 m²
- Floor size 1 358 m²
- Rates and taxes R 2 843
Property features
- Bathrooms 7
- Open parking 10
On Auction
- Wed 29 Apr 12:00 Location: Rawson Properties Head Office, 222 Main Road, Rondebosch