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Prime Commercial Property For Sale in the Heart of Mossel Bay!!
R 12,000,000
Can I afford this?
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6 months ago153 views
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General Details
Location:
Description
It may be a cliché, but still very true: LOCATION is KEY!
Located in the main street of Mossel Bay, walking distance to the renowned Point Area, this building is a unique opportunity.
Currently housing a trend-setting Restaurant and Bar, opportunity has many angles:
Continue the profitable established business as currently operated, or re-develop into high-density residential accommodation.
Current zoning is BZI, but a new development literally next door comprising up-market apartments is a sign of what could be done here.
Property Sale includes an additional house and two apartments
This Commercial property has unlimited potential and opportunities
Property Reference #: CL90
Agent Details:
Izak Roets
Dana Bay Property
OK Centre, 220 Flora Rd, Dana Bay, Mossel Bay
Located in the main street of Mossel Bay, walking distance to the renowned Point Area, this building is a unique opportunity.
Currently housing a trend-setting Restaurant and Bar, opportunity has many angles:
Continue the profitable established business as currently operated, or re-develop into high-density residential accommodation.
Current zoning is BZI, but a new development literally next door comprising up-market apartments is a sign of what could be done here.
Property Sale includes an additional house and two apartments
This Commercial property has unlimited potential and opportunities
Property Reference #: CL90
Agent Details:
Izak Roets
Dana Bay Property
OK Centre, 220 Flora Rd, Dana Bay, Mossel Bay
Id Subtitle 1300834916
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Estimated monthly repaymentR 130,045
Total property loan amountR 12,000,000
Total interestR 19,210,764
Total repaymentR 31,210,764
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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Dana Bay Property
Selling for 1 year
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