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About This Property
Historic Commercial Property with Income & Development Potential.
A Historic Icon with Exceptional Investment Potential. This well-known historic property has stood the test of time and presents a unique opportunity for investors looking for a property with existing rental income, established facilities and significant scope for further development. The property currently generates in excess of R67,000 per month from only a portion of the available space, leaving considerable potential to increase the rental income by utilising the currently unused areas or converting the property into student accommodation. The property is zoned Residential Zone 6 and also includes a valid liquor licence, adding further versatility to the investment.
Whether you are looking to expand the existing rental operation, develop student accommodation, or unlock the potential of the additional space, this property offers a rare combination of history, income and development opportunity.
All serious offers will be considered.
For further information or to arrange a viewing, contact Patrick or Tristian.
Features
Property Type
Commercial
Listing Purpose
Sale
Municipal Rates
14446 Estimated Price
Occupation
8/13/2026
Floor Plan
