COMMERCIAL PROPERTY WITH RETAIL POTENTIAL

This large commercial property, formerly operating as a bottle store and tavern, is situated in a high-traffic area on Manaka Street, close to schools, a church, and residential housing. Although the property is currently in a run-down condition and requires some refurbishment, it still offers strong income-generating potential for the right investor or developer. Property Features: • ±1,841m² Gross Lettable Area • Divided into 7 shops (each with toilet facilities), a large dance hall, and a first-floor tavern with lounge and storerooms • Two ablution blocks • Enclosed with boundary brick walls • Dual access including rear delivery servitude road • Ideal for retail or local shopping centre development Important Notes: • Property is sold as-is; renovation work is required • Zoning and plans in place for business use • Previous valuation (2015) estimated at R3.9 million; price now adjusted to reflect current condition Perfect for: • Entrepreneurs or developers looking to revamp a high-potential retail hub • Investors seeking long-term rental income with strategic upgrades