Commercial space in Stellenbosch Central

Going concern, mixed-use zoned property on the R44 with 55 000 vehicles passing daily. Zero-rated VAT transaction.. An Agricultural Zone 1 property of 1.48ha with consent use for tourist facilities and service trade between Stellenbosch and Somerset West is up for sale.

Visible from the R44, this property oozes location, easy access, stunning views and thousands of passers-by on a daily basis. About a 10 minute drive from either Stellenbosch and Somerset West, the property overlooks the Simonsberg, Stellenbosch and Helderberg Mountains and is surrounded by some of the countrys best wine farms as well as the popular Mooiberge Farm Stall and the Route 44 weekend market venue.

Important to know:

Price: R28.5m (excl VAT)

For sale as a going concern and can be a zero-rated VAT transaction

1.84ha

Agricultural Zone 1 with consent use for tourist facilities and service trade

Occupied by a restaurant, nursery, fine-arts gallery, an equestrian shop, amongst others

Pool

Air-conditioned

CCtv-cameras and beams installed

Paved driveway and ample parking

Water, electricity and sewerage services in place

Borehole delivers about 5m3 drinking water per day

Irrigation water supplied by Wynland Water Users Association and the neighbouring farm

Irrigation system installed

Effluent treatment plant

Eskom electricity

Monthly rates & taxes: R4 530