Commercial space in Southernwood

COMMERCIAL PROPERTY OPPORTUNITY SITUATED IN MTHATHA. The magnificent commercial property is located in the city of Mthatha which is the former capital city of Transkei. The sphere of influence of the city covers small towns like Coffebay , Mqanduli, Port St Johns, Engcobo , Butterworth, MT Frere, Qumbu, Libode , just to mention a few.

The property is currently generating a total rental income of plus or minus R750 000.00 per month, as it has an offer of :

* Double storey Bed and Breakfast establishment

*Restaurant and Bar

*4 Warehouses

*3 Workshops

*Residential rooms

*stores

*4 Vacant Land

*IBR Stores

*Guard house.

The magnificent opportunity has endless possibilities with ample vacant land along the highway which has a potential to be converted into a shopping mall, Hotel or any other commercial land uses as the property is just a walking distance from residential areas.

The property boast 4 warehouses , 3 workshops and stores. These can be used for mechanical workshops , training facilities , storage and snared office space and so much more.

There is a luxury Bed & Breakfast establishment with 20 rooms. All the rooms having a self-contained shower/toilet facility, air conditioned . Lovely reception area and Gym facilities.

There are also residential rooms with communal kitchen and shower/toilet. These can be occupied by staff.

The property has a guard house encompassing some stores and ablutions. It has gated parking spaces for customers and electric fence and CCTV footage.

If you are looking for prime real estate on a busy main road look no further!!!! Do not miss this opportunity!!!