2 003 m² Commercial space in Modimolle
Commercial Property for Sale in Modimolle Town, Limpopo
This prime commercial property, situated at the corner of two main streets in Modimolle, offers a fantastic investment opportunity. With 8 retail shops and 5 residential apartments, it generates an excellent rental income, making it an ideal purchase for savvy investors.
Property Breakdown:
Shop 1: 48m Equipped with ablution facilities.
Shop 2: 174m Includes a storeroom, private office, and ablution facilities.
Shop 3: 310m Currently used as a bar/restaurant with a large serving counter, kitchen, storage space, and ablution facilities.
Shop 4: 100m Fitted with a kitchenette and ablution facilities.
Shop 5: 85m Includes a kitchenette and ablution facilities.
Shop 6: 87m Features a kitchen, scullery, and ablution facilities.
Shop 7: 58m Includes a serving counter, steel shelves, storage area, and ablution facilities.
Shop 8: 104m Fitted with a showroom at the front, a storeroom at the back, and ablution facilities.
Residential Apartments:
4 x Two-bedroom apartments (each with a bathroom, kitchen, and living area).
1 x Three-bedroom apartment (with a bathroom, kitchen, and living area).
4 garages and ample parking space.
Zoning: Business 1 Permits a range of activities including residential flats, hotel, offices, medical consulting rooms, shops, restaurant, tavern, social hall, and vehicle sales lot.
This is a rare opportunity to own a versatile commercial property in a highly visible location in Modimolle. Perfect for generating rental income across both commercial and residential sectors.
VAT payable on purchase price. Seller is VAT registered.
Contact us today for more information!
Property details
- Listing number T4806723
- Property type Commercial
- Listing date 1 Oct 2024
- Floor size 2 003 m²