R 2 650 000
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323 m² Commercial space in East Bank

2 124 m² 323 m²

This property, situated in a prime location at 75 Bathurst Street, Port Alfred, offers an excellent opportunity earn a good, steady return on investment, plus an opportunity for further development and additional rental income, as the erf is only partially developed. It comprises 5 units : an office block of 107 sqm, as well as 4 shops/ workshops, of 54 sqm each, at the back of the property.

The office block has a main office of 28sqm, a 2nd office of 21 sqm, 3rd office/ store of 31 sqm, a filing room, bathroom with shower, and kitchenette. This office has single phase power supply. There is also a 70 sqm exterior concrete floor adjoining the office block, which can be used for storage.

The workshops building of 216sqm has 4 seperate spaces of 54 sqm each, each with roll up doors, and these are on 3 phase power. Each workshop has a work area of 43sqm, a small office, storeroom and loo.

The premises are completely fenced or walled with high walls and buildings fitted with burglar bars. Rainwater tanks harvest freshwater for staff or work use.

There is a lot of space for additional units or storage containers for extra income. With the large Buco truss plant property adjoining, and all other light industrial and commercial properties in the area, this makes for a great long term investment of place to run your business.

The seller is VAT registered and the asking price shown is excluding VAT.

Contact the agent for more info.

Property details

  • Listing number T4866137
  • Property type Commercial
  • Erf size 2 124 m²
  • Floor size 323 m²
  • Rates and taxes R 1 443

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