1,993m² Building For Sale in Oudtshoorn Central
R5,300,000
56 BARON VAN REEDE Street
Web Ref No CMSB-9174
Golden Mile Gem: Prime Commercial Property (Multi Tenanted) in the Heart of Oudtshoorn
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.