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430m² Investment For Sale in Tennantville

R17,000,000

Web Ref No JCL588

Commercial Investment opportunity in Stellenbosch

History has proven that if you wish to invest in the Stellenbosch commercial property market you need to have lots of patience to wait for a great opportunity. Then you can sit back and enjoy way above average capital growth and rental income growth year on year.

When the opportunity comes knocking you need to react quickly because this one will go quickly. Some love and tender care will rejuvenate this mixed use building consisting out of long term commercial tenants and five apartments consisting out of 16 student rooms. History has also proven that every year student accommodation just becomes more and more of a challenge, for the investor it is particularly very helpful to know that this building has year on year 100% occupancy.

Features

Building Name Ponta Do Pargo
Zoning Mixed Use
Floor Size 430m²
Land Size 833m²

Broker Contact Details

Deon de Swardt
Franschhoek, Paarl & Wellington

Cell 082 882 0625
Office (021) 3004006
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