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Commercial Property for Sale in Sandkraal- Investments Opportunity for A business
R 4,500,000
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Description
Commercial Property for Sale in Sandkraal Road, George
Welcome to an incredible opportunity to invest in a prime commercial property located on Sandkraal Road in George. This corner stand boasts approximately 1070m² of space, featuring a prominent double-story face brick building covering approximately 345m².
The ground floor of this property presents an enticing investment opportunity with a fully operational licensed liquor store on one side, offering a reliable and steady income stream. On the opposite side, there is a shop occupied by another dependable tenant, further enhancing the property's revenue potential.
Ascending to the first floor, you'll find a spacious sports pub and entertainment area awaiting revitalization. Although currently not operational, this area presents an exciting prospect for expansion or renovation, tapping into the vibrant atmosphere of the bustling locale.
Situated in a highly lucrative area, this property benefits from heavy foot traffic and a consistent flow of customers, ensuring a stable income for investors. With reliable tenants already in place and the potential for further development, this commercial property represents a lucrative investment opportunity in the heart of George.
Don't miss out on the chance to own a piece of prime commercial real estate in Sandkraal Road. Contact us today to schedule a viewing and seize this exceptional investment opportunity!
Property Reference #: 7002001-50586
Agent Details:
Misty Schultz
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Welcome to an incredible opportunity to invest in a prime commercial property located on Sandkraal Road in George. This corner stand boasts approximately 1070m² of space, featuring a prominent double-story face brick building covering approximately 345m².
The ground floor of this property presents an enticing investment opportunity with a fully operational licensed liquor store on one side, offering a reliable and steady income stream. On the opposite side, there is a shop occupied by another dependable tenant, further enhancing the property's revenue potential.
Ascending to the first floor, you'll find a spacious sports pub and entertainment area awaiting revitalization. Although currently not operational, this area presents an exciting prospect for expansion or renovation, tapping into the vibrant atmosphere of the bustling locale.
Situated in a highly lucrative area, this property benefits from heavy foot traffic and a consistent flow of customers, ensuring a stable income for investors. With reliable tenants already in place and the potential for further development, this commercial property represents a lucrative investment opportunity in the heart of George.
Don't miss out on the chance to own a piece of prime commercial real estate in Sandkraal Road. Contact us today to schedule a viewing and seize this exceptional investment opportunity!
Property Reference #: 7002001-50586
Agent Details:
Misty Schultz
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274187699
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Estimated monthly repaymentR 48,767
Total property loan amountR 4,500,000
Total interestR 7,204,037
Total repaymentR 11,704,037
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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EXP Realty
Selling for 2+ years
Total Ads7.25K
Active Ads7.25K
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