MLS#: 797

$295,626 USD

ZAR5,500,000

The details

Property features

Date Updated: Jul 2, 2024

Area

Land/Lot size
1,325m²
Cooling system
Air Conditioning

Description

Immaculate commercial property in North End East London! The property generates two rental incomes at present (3 year leases) or it can be used as an owner occupied property with additional rental income. The property is located in a cul-de-sac and has exposure to the busy North West Express Way. There are two well-kept buildings on the property and there are under cover parking for 5 vehicles within a secure yard. There is plenty of street parking in front of the buildings in the cull-de-sac. The front building has an open plan reception / receiving area (with entrance and roll up door), office and small store room. It is ideal for a retail trading business or warehouse (168sqm). The back building of 598sqm, has two stories. At the bottom there is a 300 sqm warehouse with a staff change room/toilet/shower, a reception with seating, large office, kitchen and separate toilets. On the first floor there are 4 offices, boardroom and a toilet. At the back of the building is a car wash and storage space. Vehicle access from the front and back of the building. The property is secured with boundary walls, an access gate, alarm system and CCTV.

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Location

East London
Eastern Cape
South Africa