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Wellington
Cape Town ZA
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SALE PRICE
Original price: USD 702945.00
The prices shown here are based on exchange rates. The exchange rates are based on various public sources, are for information purposes only and are not considered correct.The actual rates of your bank, credit card company or other institution may vary. Important additional information.
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1305 m2
3021 m2
9 Car Spaces
With several rooms up for lease, this immaculate Heritage commercial location in the center of Wellington presents an excellent investment opportunity. presently fully employed and having a reliable source of income.This 29-bedroom, 9-bathroom property is perfect for investors and entrepreneurs who want to get in on the booming local market because it offers a flexible space for different types of commercial endeavors. Don't pass up this fantastic chance to purchase a self-sufficient property!"This stunning property, which is now set up as a 29-room "Old style" boarding house with shared amenities, is situated on two erfs totaling 3021 square meters.- Three additional commercial rental income-generating units are present. (Lease for Commercial Use)- A 180 square meter loft owned by the manager that can be used as a gallery or studio for yoga sessions.The property can be developed into a 26-bed frail care center by adding a floor or developing the parking space. It can also be expanded from its current layout with relation to the rear buildings.- The choice to turn the building into a bed and breakfast or guesthouse- Business zoning is now in effect. Wellington, a town in South Africa's Western Cape province, is well-known for its gorgeous scenery and wine business. The Cape Winelands, well-known for its wineries and ancient towns like Stellenbosch and Franschhoek, are among the neighboring locations. In addition, the area provides outdoor pursuits like horseback riding, hiking, and mountain biking. Wellington and the neighboring environs are well-liked travel destinations for both nature lovers and wine enthusiasts due to their stunning scenery and rich cultural heritage. For further information and pictures, please follow the link below.
Available from:
01.03.2024Year of Construction:
2024Type:
Investment
Broker: Cape Town Realtors
7785 Wellington Western Cape Cape Town South Africa
This is a property advertisement published and maintained by Cape Town Realtors and does not constitute binding information for this property. Although we require advertisers to provide accurate information, we can only publish these advertisements in good faith and have not verified any claims or statements or inspected the advertised properties, locations or offers. Primemasters does not own or control and is not responsible for the properties, facilities, site content, products or services provided or advertised by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the above. We therefore accept no liability arising from the confidence placed in us by readers or persons to whom such information is made available. You must conduct your own research and seek independent professional advice before making any decision to purchase, rent or invest in property.
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