Prime building for sale in Jeffrey’s Bay

R 13,800,000

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12 days ago18 views
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General Details
Description
This large Industrial type of building in Jeffrey’s Bay Eastern Cape South Africa is for sale and is a double volume structure.  This “L” shaped building is used as a retail warehouse / building material store and has a shooting range inside the main building.  Another add on is the 3 residential type apartments adjacent to the structure consisting of 1 bachelor flat, one x 2 bedroom flat with deck area and another 2 bedroom flat.  The property is well maintained and located near one of the busy roads in Jeffrey’s Bay.  Currently being let by a long-term tenant and a lease agreement is in place.  In the main road of Jeffrey's Bay.
The property is located roughly 1.8km north of the CBD in a small commercial node in the centre of town.  Structure size approximately 3433sqm and erf size approximately 3222sqm with on site and street parking available. Additional structures are two large mezzanine areas within the main building.
Main Building: The main entrance leads into a hardware store area with tills and reception desk with ablution facilities and a shooting range in the rear of the building.  In the shop area there is a staircase that leads to a large mezzanine area used for storage mainly and further more on the mezzanine level there are a number of offices.
Warehouse: The warehouse is accessible via the main building or via large steel doors from the street and is mainly used for storage purposes. In this building there is a double storey section which has storage, workshop space ground floor level with open storage space above.  The main staff ablutions and canteen areas are both located within this part of the building.
Residential dwelling and flats: Attached to the side of the building 3 x residential units to be viewed by the prospective purchaser.
This property is a fantastic investment opportunity, offering both commercial and residential potential. With its well-maintained structure, convenient location and additional features, this property is sure to draw attention from potential buyers.

Property Reference #: 7002001-27628

Agent Details:
Roxane Gers
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274199211
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Estimated monthly repaymentR 149,552
Total property loan amountR 13,800,000
Total interestR 22,092,378
Total repaymentR 35,892,378
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