Property features

R39 000 000

Property Details

Discover an outstanding investment opportunity in the vibrant Voorbaai area of Mossel Bay. This recently developed commercial property spans an impressive 3167m² stand, the buildings ranging between two and three stories have a total of 3316 sqm lettable area and are fully leased, offering immediate, reliable income from day one. This property benefits from high demand and excellent accessibility, making it a standout option for investors seeking consistent returns and growth potential. Designed to meet a variety of business needs, the property includes: - Modern apartments - Spacious workshops - Versatile storage facilities - Retail shops - Office space Key Investment Highlights: 1. Outstanding Rental Income Potential The property provides immediate and consistent income with all units fully tenanted and in high demand for both residential and commercial spaces. Great opportunity to increase this income in 2025. Current rental income can be adjusted to suit local rates. 2. Minimal Maintenance Design Designed from the outset for low maintenance, these well-designed premises with quality finishes, ensure reduced long-term upkeep costs and maximize investor profitability. The solid structure has a face-brick exterior, and a pitched IBR roof, and some of the apartments lead onto balconies that are fitted with built-in braais. The windows are aluminum framed. Part of the building is fitted with Whirlybirds for ventilation. AMPLE PARKING! 3. Strategic Location in a High-Growth Area Located in a rapidly expanding town, the property benefits from increasing demand for residential and commercial spaces, boosting future appreciation in property value. 4. Flexibility for Sectional Title Registration The property can be registered under a sectional title scheme at a later stage, substantially increasing its value. Offering the new owner exceptional flexibility for the future, with the opportunity to sell individual units and unlock additional revenue streams. 5. Ownership Benefits The property is held under a company with no additional liabilities, making ownership transfer seamless. Why This Investment is a Game-Changer? The location’s rapid growth ensures sustained demand, making this property a low-risk, high-reward investment. With strategic rental adjustments and strong demand, the investment can service a bond effectively, while delivering a continuous return on investment. Secure your stake and enjoy the continuous return on investment.