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R 5 995 000
Commercial Property for Sale in Audas Estate
33 Bright Street, Audas Estate, Somerset West
Commercial Property for Sale in Audas Estate
33 Bright Street, Audas Estate, Somerset West
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Excellent Opportunity with Extra Potential in a Trending Area
This tenanted property, a small business centre, offers a yield of 10% + and range of business opportunities for an investor/entrepreneur. Situated in an increasingly trendy, commercial area with mixed use and close to the CBD of Somerset West, there are already multiple businesses, treatment rooms, offices, shops, professionals and service providers operating all around and from this spacious stand, perfectly laid out around a central courtyard. Rent it all out all or keep what could be a generous, three roomed house and/or two roomed studio for personal (owner/manager's use - even as residence) and let out the remaining spaces for offices, services, retail, accommodation, storage and more. Currently set up as 10 let-able units with a monthly rental income of R56 000 when fully occupied at current layout & rates (with potential to expand or re-configure this) and also excluding the residential studio, this could also be easily converted for accommodation or a school.
A double garage, various kitchen & toilet facilities, undercover parking and secure off street as well as pavement and street parking, ensure enough space for both you, your clients and customers. Full details and plans upon enquiry - Viewing strictly by appointment.
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