R12,000,000

R12,000,000

Investment For Sale in Highgate
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Landmark Mixed-Use Investment Opportunity in Highgate, East London

Web Ref. CL208
Land size 4300.00 m²
Monthly Bond Repayment
R112,017.76
A well-known landmark property in Highgate, East London, offering a rare combination of residential rental accommodation, commercial income and further business potential on a substantial ±4,300m² erf.

The property comprises an established bar with a tenant in place, together with an extensive room-rental component offering 32 accommodation rooms in total. Accommodation includes a 5-bedroom house, 5 outside rooms, a further 10 rooms within the former hotel building, as well as 12 additional renovated rooms.

The rooms offer a combination of en-suite and shared bathroom facilities, supported by a communal kitchen serving the accommodation component.

Adding to the property's versatility is the former second bar area, which offers excellent potential for conversion into retail or other commercial space. Its position along an access road with good passing traffic makes it particularly suitable for a shop, takeaway, service business or similar commercial use.

With multiple income streams from residential accommodation and commercial tenancy, together with further scope to enhance the property's earning potential, this is a compelling opportunity for investors seeking a sizeable mixed-use asset with established infrastructure and strong versatility.

Purchase price excludes VAT.

Contact us to arrange a private viewing and discuss the full investment potential of this landmark property.

Features

Zoning
Commercial
Sizes
Land Size 4,300 m²
Listing Info
Date Listed 30-09-26
Time Listed 10:32

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.