Looking for a high-yield investment in a town with zero business space availability? The Union Building is your golden opportunity — a landmark property in the heart of Cradock’s bustling business district.
Unbeatable Location
• Positioned on Durban Street, just 50m from the busy Taxi Rank
• Steps away from Adderley Street — home to major banks and thriving businesses
• High foot traffic and excellent street visibility
Property Features
• Iconic façade with a weather-friendly canopy over the sidewalk
• Four well-maintained retail units, each occupied by long-term tenants (10+ years)
• Modern aluminium-framed windows and doors
• Interior amenities include toilets and hand basins for tenant convenience
Erf Details
• Erf 828: 197.89 sqm
• Erf 829: 204.72 sqm
Investment Highlights
• Price: R6,455,000 (VAT excluded)
Zero VAT applicable if buyer is VAT registered
• Return on Investment: 9.4 percent
• Rare opportunity in a town with exceptionally high demand for business space