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POA

Commercial Property On Auction in Uitenhage Upper Central

2 Rich Street, Uitenhage Upper Central, Uitenhage

391 m²
- m²: 391 m²
- Hectares: 0.039 ha
- Acres: 0.097 acres

AUCTION

Contact Broker

Rowan Mauer

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Auction: Three-Storey Commercial Property

For Auction: Prime Commercial Property in Kariega

Property Overview: An exceptional three-storey commercial property situated in the bustling area of Kariega. Boasting ample space and versatile usage, this property offers a unique opportunity for investors and businesses alike. With three-phase electrical power and multiple tenant agreements in place, this property is primed for continued success.

Property Details:

Ground Floor (Floor 1):

Restaurant with cold room, kitchen, wash-up area, and separate goods area

Casino and Bar area

Office + Store Room

Toilets + Garbage Room

Additional Store Room

First Floor (Floor 2):

17 Bedrooms, each with en-suite bathroom (basin, toilet, and shower)

2 Separate Visitors' Toilets

Second Floor (Floor 3):

Reception Area

Games Room

Bar

Laundry Room

11 Bedrooms with en-suite bathrooms (basin, toilet, and...

For Auction: Prime Commercial Property in Kariega

Property Details:

Ground Floor (Floor 1):

Restaurant with cold room, kitchen, wash-up area, and separate goods area

Casino and Bar area

Office + Store Room

Toilets + Garbage Room

Additional Store Room

First Floor (Floor 2):

17 Bedrooms, each with en-suite bathroom (basin, toilet, and shower)

2 Separate Visitors' Toilets

Second Floor (Floor 3):

Reception Area

Games Room

Bar

Laundry Room

11 Bedrooms with en-suite bathrooms (basin, toilet, and shower)

Staff Canteen

2 Separate Visitors' Toilets

Rental Agreements:

Ground Floor Casino and Bar – Lease expires 31 December 2029

Ground Floor Restaurant – Lease expires 1 February 2026

Floors 2 and 3 (Bed & Breakfast) – Lease expires 28 February 2027

Auction Details

Auction Date: 8 April 2025

Auction Time: 11:00 AM

Auction Venue: On-site

Viewing Details

Date: 7 April 2025

Time: 10:00 AM - 12:00 PM

This property presents a fantastic investment opportunity with established rental income and significant potential for future growth. Don’t miss the chance to secure this prime commercial property.

For further information or to arrange a private viewing, please contact us today.