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R 2,495,000

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1 year ago325 views
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Description
EXCLUSIVE SOLE MANDATE -

Situated in the heart of Zwelihle and home of the iconic Verona's Lounge, this 576 sqm business premises offers aspiring buyers and investors the opportunity of a lifetime in one of South Africa's fastest growing towns - Hermanus.

Hermanus is a seaside town about 120 kilometres (70 miles) from Cape Town on South Africa's Garden Route. Well known nationally and internationally for its beautiful coastline and for land-based whale watching, it has become attractive for retired South Africans and tourists alike.

The single-storey building is fully let to three tenants comprising a bistro/takeaway (Ekasi Tshisa Nyama) on the left, liquor off sales (JJ's Place) in the middle, and tavern/restaurant (Verona Lounge) on the right. The bistro uses a small, enclosed seating area on the left with ablutions to the rear and the tavern on the right uses a large open seating area/yard on the right with a small, detached outbuilding and ablutions.

The bistro and off sales each have a loading bay to the rear, while the tavern has doors leading out to the yard on the right. The yard is reserved for outside seating but could be used as additional parking is so required. There is only street parking at the front of the building.

If you are interested in becoming the next Landlord of this iconic building, its quite simple - Contact Urban Index and Make The Move.

Property Reference #: CL30

Agent Details:
Christo Booyens
Urban Index
Regus Office
Willowbridge Centre
Carl Cronje Drive
Bellville
7530

Id Subtitle 1143868531
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Estimated monthly repaymentR 27,039
Total property loan amountR 2,495,000
Total interestR 3,994,238
Total repaymentR 6,489,238
Interest rate at 11.75% for 20 years *
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