"Prime Business Opportunity for Sale in Wellington - Income generating!"

This well-maintained Heritage business premises in the heart of Wellington offers a fantastic investment opportunity with multiple rooms available for lease. Currently well occupied with a steady income stream

Ideal for entrepreneurs and investors looking to capitalize on the thriving local market, this 29 bed-roomed, 9 bathroom property presents a versatile space for various business ventures. Don't miss out on this lucrative opportunity to own a property that pays for itself!"

Currently configured as a 29 room "Old style" boarding house, with communal facilities , this magnificent property stands on two erfs covering a total of 3021 sqm.

- In addition there is 3 commercial rental income generating units. (Commercial tenanted)
- 1 Manager's/owner's 180 sqm Loft, which can be converted into a studio, ideal for Yoga classes or gallery.
- The property has the potential to expand on its current configuration with regards to the rear buildings, and construct another level/ develop the parking area into a 26 bed frail care facility.
- The option of converting the property into a Guesthouse/Bed and breakfast
- Currently business zoning applicable

Wellington is a town in the Western Cape province of South Africa, known for its wine industry and picturesque landscapes. The surrounding areas include the Cape Winelands, which is famous for its vineyards and historic towns such as Stellenbosch and Franschhoek. The region also offers outdoor activities such as hiking, mountain biking, and horseback riding. With its scenic beauty and rich cultural heritage, Wellington and its surrounding areas are popular destinations for wine enthusiasts and nature lovers alike.

A bit of history on the name Stokkies Draai

Are you familiar with the old Afrikaans saying, Stokkies draai? which basically translates into "bunking school" and originally stems from Welington, where the grafting of grape vines is very popular. During the winter months, when it was time to prune the vines, it was a very busy time and there were very few hands on board to help, therefore, many families all pitched in to offer their assistance - even children were kept out of the school to help wrap the vines. So, in short whenever children were absent from school, teachers would ask "Where are the children" and the response from fellow pupil would be(hulle draai Stokkies)

Ken jy die gesegde? Die gesegde om stokkies tedraai kom oorspronklik uit Wellington, waar die ent van win-gerdstokke baie gewild is. Die storie loop so, In die ou dae, nog voor nuwe tegnieke, is die twee wingerd-stokke met tou aan mekaar vasgedraai as hulle geent is. In die winter, wanneer dit tyd was om die wingerdstokke te-ent, was dit altyd 'n baie bedrywige tyd en die hande was maar min. Baie families het dus almal ingespan om te help - selfs die kinders is uit die skool gehou om die stokke te help toedraai. As die onderwysers dus by die skool gevra het waar die kind is, het die ander gese hy d...

Property Reference #: RL105

Agent Details:
Daniel Welsh
Cape Town Realtors PTY Ltd
17 Belton73 Somerset Road Green PointCape Town 8005