Established Coastal Commercial Property – Crossways
Web Ref.
CL209
Land size
9091.00 m²
Floor size
1729.80 m²
Established Coastal Commercial Property – Crossways
An excellent opportunity to acquire a well-established Business Zone 1 commercial property along the East Coast in Crossways, offering a combination of established businesses, rental accommodation and additional income-generating spaces.
The property currently accommodates four established businesses with existing tenants, providing rental income from the outset. In addition, there is an established butchery, separate from the four existing businesses. The butchery equipment is included in the purchase price, giving the new owner the opportunity to continue the existing operation. This provides a total of five businesses on the property.
The property also features five storage units, offering additional rental potential, as well as a garden flatlet, bachelor unit and two-bedroom home. These residential spaces can be rented out, used for staff accommodation or provide convenient on-site accommodation for the owner.
Additional features include a generator, a borehole, water tanks and three septic tanks, providing valuable infrastructure for the property and its businesses.
The property offers potential rental income of approximately R90,000 per month, subject to the existing rental agreements and occupancy. With its mix of commercial, storage and residential components.
A unique opportunity to acquire an established Business Zone 1 property at Crossways on the East Coast, with the flexibility to continue the existing operations or explore further commercial opportunities.
For more in-depth information regarding the property, existing tenants, rental income and included equipment, please contact us today.
An excellent opportunity to acquire a well-established Business Zone 1 commercial property along the East Coast in Crossways, offering a combination of established businesses, rental accommodation and additional income-generating spaces.
The property currently accommodates four established businesses with existing tenants, providing rental income from the outset. In addition, there is an established butchery, separate from the four existing businesses. The butchery equipment is included in the purchase price, giving the new owner the opportunity to continue the existing operation. This provides a total of five businesses on the property.
The property also features five storage units, offering additional rental potential, as well as a garden flatlet, bachelor unit and two-bedroom home. These residential spaces can be rented out, used for staff accommodation or provide convenient on-site accommodation for the owner.
Additional features include a generator, a borehole, water tanks and three septic tanks, providing valuable infrastructure for the property and its businesses.
The property offers potential rental income of approximately R90,000 per month, subject to the existing rental agreements and occupancy. With its mix of commercial, storage and residential components.
A unique opportunity to acquire an established Business Zone 1 property at Crossways on the East Coast, with the flexibility to continue the existing operations or explore further commercial opportunities.
For more in-depth information regarding the property, existing tenants, rental income and included equipment, please contact us today.
Monthly Rates
R23,800
Features
Zoning
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Bass Property Group website is accurate and up to date, Bass Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.