Commercial Property On Auction in Mossel Bay Central

We are proud to present an exclusive Public Auction of two adjacent historic properties, offering a unique investment opportunity in the heart of Mossel Bay Central. These properties, held by the same family for over 50 years, are now available to the highest bidder!

PROPERTY DETAILS:

- 18 Marsh Street, Mossel Bay Central – Historic Commercial Building on a 1,236m² erf

- 17 Upper Cross Street, Mossel Bay Central – Historic Residential Building featuring six flats

AUCTION DETAILS:

Date: 27 February 2025

Time: 11:00 AM

Venue: On-site

Viewing: By appointment or one hour before the auction

ID & proof of residence required for registration

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THREE LOTS AVAILABLE:

LOT 1: 18 Marsh Street (Commercial)

LOT 2: 17 Upper Cross Street (Residential)

LOT 3: Both properties combined (Bidding starts at the total value of LOT 1 & 2)

LOT 1 – 18 MARSH STREET (Commercial Property)

A prime corner property offering exceptional visibility and endless potential. Originally designed as three apartments, the building was later converted into a well-known pub and gaming venue.

- Zoning: Business Zone I – Ideal for retail, office space, hospitality, or further development

- Size: ±400m² building on a 1,236m² stand

- Features:

• Multiple office spaces & open-plan areas

• Large kitchen & storage facilities

• Three sets of bathrooms

• Expansive veranda along Marsh Street

- Bonus: Undeveloped 700m² (approx) section at the rear, accessible via Beach Street

The building requires some maintenance but presents a fantastic development opportunity in a sought-after location.

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LOT 2 – 17 UPPER CROSS STREET (Residential Investment Property)

A charming historic building consisting of six self-contained flats, each featuring:

- Upper Level:

• Front veranda with street access

• Lounge, bedroom, kitchen, bathroom

• Back veranda with staircase to the lower level

- Lower Level:

• Second bathroom

• Spacious additional room (potential 2nd bedroom)

• Storage room

• Enclosed courtyard

- Zoning: General Residential Zone III – Offering various redevelopment and investment possibilities

- Stand Size: 727m²

- Location Perks: Walking distance to Mossel Bay Point, ocean views, and prime accessibility

- Investment Value: Strong rental income potential with significant upside due to its highly desirable location

A timeless property with character, charm, and a wealth of possibilities!

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why attend this auction?

- Buy one or both of these iconic neighbouring properties

- Prime location in the heart of Mossel Bay

- Flexible zoning for business or residential development

- Incredible investment potential – whether for rental income, redevelopment, or business use

For more information, contact Greg King

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TERMS & CONDITIONS:

- On-site bidder registration required before the auction begins

- 10% deposit & auctioneer’s fees payable on the fall of the hammer

- Auction subject to seller’s acceptance

- Full terms & conditions available upon request

Don’t miss this rare chance to secure a piece of Mossel Bay’s history!