Discover a unique investment opportunity in the vibrant university town of Grahamstown. The Rustic Route is a well-known, multi-tenanted commercial property offering a blend of character, visibility, and solid returns.
This property comprises a mix of retail, office, and hospitality tenants, ensuring a diversified income stream and reduced vacancy risk. With a total gross income of R62,000 per month, it provides immediate and stable cash flow from day one.
Ideally located near main arterial routes and within walking distance of key amenities, The Rustic Route enjoys consistent foot traffic and long-term tenant appeal. Its rustic architectural charm and established tenant base make it both a reliable income generator and a standout landmark in Grahamstown’s commercial landscape.
Investment Highlights:
Multi-tenanted with a healthy tenant mix
Annual income of R744,000
Asking price: R5,499,999
Gross Yield: ±13.5%
High visibility and easy accessibility
Character-filled buildings with long-standing tenants
This is an ideal purchase for investors seeking a stable, high-yield commercial asset in a growing Grahamstown hub.