550 m² Commercial space in Middelburg Central
Are you ready to seize a prime investment opportunity in the
heart of Middelburg Central? We present to you an exceptional commercial
property with two shops, offering an outstanding 11% return on investment. This
property is not just a purchase it''s a strategic move for your portfolio.
Shop 1 has a small kitchenette with a cozy seating area. It
is ideal for a café, boutique, or specialty store.
Shop 2 is spacious and versatile. There is ample storage
space for inventory and a large open area for flexible business setups.
The is also a loft area ready for improvements to suit your
vision.
Outside there is an undercover braai area, perfect for
business gatherings or customer events.
The location is strategic with high foot traffic.
Convenient parking available for customers and clients
Backup 6kVA generator for uninterrupted operations.
There are also adequate bathroom facilities for staff and
customers.
Tenant has been leasing the property for several years and
is responsible for building maintenance, ensuring a hassle-free ownership
experience.
11% return on investment with potential for higher rentals as
charged by similair properties a lucrative opportunity in today''s market.
Diversify your portfolio with a property that promises both
stability and growth.
Price excludes VAT. No transfer duty applicable.
Schedule a viewing today.
Property details
- Listing number T4351857
- Property type Commercial
- Listing date 27 Sep 2023
- Land size 1 580 m²
- Floor size 550 m²
- Rates and taxes R 7 400
Property features
- Bathrooms 5
- Open parking 10