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R 9 000 000

Commercial Property for Sale in Oudtshoorn Central

Oudtshoorn Central, Oudtshoorn
  • Erf Size 1 991 m²
    • m²: 1 991 m²
    • Hectares: 0.199 ha
    • Acres: 0.492 acres
High yield commercial property in Oudtshoorn CBD

Offering two individual title deeds measuring 860 m² and 1131 m² respectively, this well known property boasts a variety of national and local tenants. With a GLA of 1720 m² out of a total GBA of 1978 m² the efficiency ratio is exceptional. The street front iconic 4-storey building with its wide commercial - tenant spectrum, generates retail, office, storage, parking and signal tower income. It is a low maintenance and well maintained building, consisting of 28 let able units. Each floor has its own kitchenette and two restrooms. Access is convenient with a wide, well kept staircase as well as a central Otis elevator (capacity 700 kg/10 people). The large secure parking area at the rear consists of the following: 14 Gated garages , 8 Secure underroof parking bays, 3 Lockup garages, 2 Storerooms and a big Warehouse.

The property is well positioned with great...

Offering two individual title deeds measuring 860 m² and 1131 m² respectively, this well known property boasts a variety of national and local tenants. With a GLA of 1720 m² out of a total GBA of 1978 m² the efficiency ratio is exceptional. The street front iconic 4-storey building with its wide commercial - tenant spectrum, generates retail, office, storage, parking and signal tower income. It is a low maintenance and well maintained building, consisting of 28 let able units. Each floor has its own kitchenette and two restrooms. Access is convenient with a wide, well kept staircase as well as a central Otis elevator (capacity 700 kg/10 people). The large secure parking area at the rear consists of the following: 14 Gated garages , 8 Secure underroof parking bays, 3 Lockup garages, 2 Storerooms and a big Warehouse.

The property is well positioned with great exposure along Church Street and its traditional high passing foot traffic. Ideally situated between the retail buzz of High Street and the tourist Golden Mile (Baron van Reede Street) towards the famous Cango Caves. It is set in the vibrant commercial node on the Northern side of our CBD. Across the Post Office and walking distance to all amenities and public transport.

Recently negotiated two to five year lease agreements with high quality anchor tenants makes this a low risk investment. Market competitive yield with immediate potential increase.

Do not miss this opportunity to secure a premium commercial building in Oudtshoorn where location and profitability combine to create the ideal investment.

Property owned by VAT entity.

Listing number: P24-112848689, Image number: 1
Listing number: P24-112848689, Image number: 2
Listing number: P24-112848689, Image number: 3
Listing number: P24-112848689, Image number: 4
Listing number: P24-112848689, Image number: 5
Listing number: P24-112848689, Image number: 6
Listing number: P24-112848689, Image number: 7
Listing number: P24-112848689, Image number: 8
Listing number: P24-112848689, Image number: 9
Property Overview
Listing Number
112848689
Type of Property
Commercial Property
Lifestyle
Security Estate
Listing Date
30 June 2023
Erf Size
1 991 m²
Rates and Taxes
R 10 260
Zoning
General Business
Other
2
Other 1
Storeroom 1
Other 2
Storeroom 2
Garage
3
Parking
30
Security
Security including automatic gates
Special Features
5
Special Features 1
Concrete roof with staircase to roof
Special Features 2
Plastered walls
Special Features 3
Steel windows
Special Features 4
General building features including elevator
Special Features 5
Wall boundary
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