Property features

R5 000 000

Property Details

### Not to Be Missed Business Opportunity in Rugby, Milnerton #### Introducing NEW Exclusive Mandate We are excited to present a one-of-a-kind business opportunity in the sought-after area of Koeberg Road in Rugby, Milnerton. This exceptional property comprises a combination of tenanted retail shops and vacant land, offering a unique investment potential with excellent visibility and accessibility. #### Property 1: Retail Shops with Current Tenants This corner property covers 417 squares meters of valuable space which features established tenants, including a repair shop for scooters, a pawn shop, and a car wash. The current rental income from these businesses is a lucrative R30,000 per month. Each tenant brings steady foot traffic and adds value to the property, ensuring a reliable revenue stream for the new owner. #### Property 2: Vacant Land - Unlimited Potential Adjacent to the retail shops is a 613 square meter plot of vacant land. This open space is ripe with potential and offers numerous possibilities for development. Whether you envision expanding the current retail operations or embarking on a new commercial venture, this land provides the flexibility to bring your vision to life. #### Prime Location for Maximum Exposure Strategically located in Rugby, Milnerton, this property benefits from excellent visibility and accessibility. The location offers easy access to major routes and public transportation, making it convenient for both customers and tenants. Situated just 3 km away from Maitland and 9.2 km from Cape Town, this prime location is ideal for attracting business from surrounding areas. #### Ideal for Investors and Developers This property is perfect for investors seeking a reliable income stream or developers looking to capitalize on the vacant land's potential. The combination of established tenants and versatile open space makes this an unparalleled investment opportunity in one of Milnerton's most sought-after locations. Don't miss out on this exclusive mandate. Contact us today to explore this exceptional business opportunity further.