423 m² Commercial space in Wavecrest

Prime Commercial Property in Wavecrest, Jeffreys Bay !!

Property Overview:

We are excited to present an exceptional investment opportunity in the heart of Wavecrest, Jeffreys Bay. This versatile commercial property, boasting 423sqm of prime real estate, is strategically situated on one of the busiest routes in the area, ensuring unparalleled visibility and high foot traffic.

Key Features:

Location: Wavecrest, Jeffreys Bay

Size: 423sqm

Current Tenants: Laboratory, General Grocer Store, Hardware Shop

Traffic Volume: High

Ownership Status: Fully rented with stable income

VAT Status: VAT applicable, no transfer duties

Investment Highlights:

1. High Traffic and Visibility:

Situated on a major route with substantial daily traffic, this property guarantees maximum exposure. The high volume of passing vehicles and foot traffic contributes to the property''s attractiveness as a retail location.

2. Diverse Tenant Mix:

The current tenantsa laboratory, a general grocery store, and a hardware shopillustrate the buildings flexibility and appeal to a range of businesses. This diverse tenant mix not only ensures steady rental income but also provides a buffer against market fluctuations.

3. Fully Rented and Income-Generating:

With all units currently occupied, this property offers an immediate return on investment. The existing lease agreements provide stable rental income, making it a prime asset for investors seeking reliable cash flow.

4. VAT-Vendor Benefits:

As the seller is a VAT-vendor, VAT will be payable on the transaction. However, the benefit of no transfer duties can offer financial advantages, potentially making this a more cost-effective investment compared to properties subject to transfer duties.

5. Strategic Investment Potential:

Given its prime location, the property is not only a strong performer in its current state but also presents future growth opportunities. The high-traffic location suggests potential for appreciation in property value over time.

Conclusion:

This commercial property in Wavecrest, Jeffreys Bay, represents a remarkable investment opportunity with its prime location, strong rental income potential, and diverse tenant base.

We look forward to discussing this opportunity with you and exploring how we can facilitate a successful sale.

For further inquiries or to schedule a viewing, please contact us.