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R5,300,000

R5,300,000

1,993m² Building For Sale in Oudtshoorn Central
56 BARON VAN REEDE Street
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Golden Mile Gem: Prime Commercial Property (Multi Tenanted) in the Heart of Oudtshoorn

Web Ref. CMSB-9174
Land size 1979.00 m²
Floor size 1993.00 m²
Monthly Bond Repayment
R49,474.51
Golden Mile Gem: Prime Commercial Property in Oudtshoorn North

Please take note! The seller is a VAT vendor. VAT is not included in the selling price.

Discover an exceptional opportunity with this expansive commercial property strategically positioned on Oudtshoorn's prestigious Golden Mile, offering a gateway to the renowned Cango Caves. As one of Oudtshoorn's iconic landmarks, this property exudes potential and promise.

Currently, the property serves as a versatile hub hosting a vibrant mix of businesses, including a restaurant, bar, accommodation facility, entertainment area, and various retail outlets. Its dynamic layout boasts both indoor and outdoor spaces, catering to diverse needs and preferences.

The property features:

· 9 Retail shops/spaces

· 1 Bar with a generous entertainment area

· 1 Restaurant boasting spacious indoor and outdoor seating, perfect for gatherings and events

· 1 Overnight accommodation facility catering to travelers and backpackers

· Expansive storage area on the second floor, ripe for conversion into additional retail space or offices

The property ensures convenience and functionality for tenants and patrons alike. Ample on-street and off-street parking further enhances accessibility and customer satisfaction.

Currently, the property enjoys stable tenancy with long-term leases in place, promising a lucrative annual return on investment. Additionally, VAT is applicable to this transaction, offering potential tax benefits for the investors.

Don't miss this rare chance to own a piece of Oudtshoorn's vibrant commercial landscape. Seize the opportunity to capitalize on this prime location and thriving business ecosystem. Contact us today to make this Golden Mile gem your next strategic investment.
Income approximately R82 489.00 per month (VAT inclusive)

Please take note! The seller is a VAT vendor. VAT is not included in the selling price.
Monthly Rates R21,149

Features

Zoning
Commercial
Sizes
Land Size 1,979 m²
Floor Size 1,993 m²
Listing Info
Date Listed 28-05-24
Time Listed 10:49

Oudtshoorn Central, Oudtshoorn

Oudtshoorn is a peaceful country town nestled away in the stunning Western Cape province, and attracts tourists and visitors through its various outdoor and nature activities. From the world famous “Cango Caves” to the fun family-oriented “Meerkat Adventures”, Oudtshoorn is the perfect place for a family holiday, or indeed the simplest form of leisure. Due to the naturally awe-inspiring landscape in Oudtshoorn, residents of properties in Oudtshoorn tend to lead a country lifestyle, with nightlife and daytime events very focussed on the nature around them. For daytime ‘adventure’ there are Ostrich farms to visit, meerkat reserves and even cage-diving with crocodiles, while at night the main event is stargazing in “The...
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Google map for 1,993m² Building For Sale in Oudtshoorn Central

Disclaimer

While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.