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Golden Investment Opportunity in Dorp Street

Retail Services, Buy | South Africa, Western Cape, Stellenbosch, CBD
Price-Icon
10,750,000 ZAR
Approx. 771,630 USD
Price
Total Surface Area-Icon
2,917.02 sqft
Total Surface Area
Lot Size-Icon
3,433.69 sqft
Lot Size
Price-Icon
10,750,000 ZAR
Approx. 771,630 USD
Price

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What you should know about this property


Amenities and special features of this property

This is an opportunity to become the owner of a scarce commodity in Dorp Street Stellenbosch. The investment in a commercial property in the heart of Dorp Street does not come to the market often. The stand is 319 m2 and the buildings are 271 m2. The property consists of two commercial units with excellent leases. The one tenant has a lease until January 2023 with an option to extend by another five years. The other tenant has a lease until September 2019 with an option to extend for another three years. Current combined monthly rental income is R58 250 and the tenants cover the levy and water charges which amounts to some R6 000 per month. An opportunity not to be missed for any serious investor. The premises are neat and clean and have two parking bays. Both front sections are utilized for clients from where they can experience the " Dorp Street Ambiance"


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Engel & Völkers Stellenbosch
  • Sell Buy (Pty) Ltd
  • License partner of Engel & Völkers Southern Africa (Pty) Ltd
  • Johann Du Toit
  • Stellengracht Building, 1 Plein Street, Stellenbosch
  • 7599 Stellenbosch · South Africa
  • Phone: +27 21 861 7777
  • Cell: 0825725273
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Commission Details

Agent's Professional Fee is included in the price advertised.


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