R 3 400 000

Commercial Property for Sale in Stellenbosch Central

69 Plein Street, Stellenbosch Central, Stellenbosch

68 m²

Simonsplein the hub for student delicacies

Welcome to Simonsplein Square, the heart of historical Stellenbosch, where culinary excellence meets thriving business opportunities! Presenting a prime commercial restaurant space with a lease until March 2026, this vibrant property is nestled in the bustling Simonsplein Square, a hub where students gather to meet and indulge in exquisite dining experiences daily.

Situated in the heart of Stellenbosch's historic charm, this restaurant space enjoys a premier spot in Simonsplein Square, making it a focal point for foot traffic. Surrounded by the energy of student life, it presents an unparalleled opportunity for a flourishing business.

Boasting contemporary design elements, the restaurant space is not only aesthetically pleasing but also versatile, allowing you to unleash your creative vision for a unique dining experience. Whether you envision a trendy café, a...

Welcome to Simonsplein Square, the heart of historical Stellenbosch, where culinary excellence meets thriving business opportunities! Presenting a prime commercial restaurant space with a lease until March 2026, this vibrant property is nestled in the bustling Simonsplein Square, a hub where students gather to meet and indulge in exquisite dining experiences daily.

Situated in the heart of Stellenbosch's historic charm, this restaurant space enjoys a premier spot in Simonsplein Square, making it a focal point for foot traffic. Surrounded by the energy of student life, it presents an unparalleled opportunity for a flourishing business.

Boasting contemporary design elements, the restaurant space is not only aesthetically pleasing but also versatile, allowing you to unleash your creative vision for a unique dining experience. Whether you envision a trendy café, a gourmet eatery, or a laid-back hangout spot, the possibilities are endless.

Securing this prime location comes with the advantage of a rental contract at R24,000 per month until March 2026. With a competitive ROI of approximately 8%, this investment promises a lucrative return while tapping into the vibrant market of Stellenbosch's student community.

Stellenbosch is renowned for its culinary scene, and this restaurant space positions you at the epicenter of gastronomic delight. With students seeking both delicious meals and social gatherings, your establishment is destined to become a go-to destination.

Simonsplein Square is not just a location; it's a community. As students gather to socialize and dine, your restaurant becomes an integral part of their daily lives, creating a sense of belonging and loyalty among patrons.

Investment Opportunity:Beyond the culinary allure, this property represents a solid investment. With a lease agreement in place until 2026 and a promising ROI, you have the chance to establish a thriving business in a dynamic and historically rich environment.

Act now to secure your place in this culinary hotspot!

Listing number: P24-114434286, Image number: 1

Listing number: P24-114434286, Image number: 2

Listing number: P24-114434286, Image number: 3

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Listing number: P24-114434286, Image number: 9

Property Overview

Listing Number

114434286

Type of Property

Commercial Property

Street Address

69 Plein Street, Stellenbosch Central

Listing Date

21 May 2024

Availability Date

21 May 2024

Erf Size

68 m²

Floor Size

68 m²

Levies

R 2 996

Rates and Taxes

R 1 224

Zoning

General Business

Floor Number

0

Facilities

Kitchens

1

Building

Building Name

Simonsplein

Facing

Level Road

Other Features

Security

Alarm System, 24 Hour Response, Guard, Safe

Internet Access

Fibre

Points of Interest

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