R 3,600,000
TWO ERVEN, SOLD TOGETHER, ONE GREAT OPPORTUNITY
Ref # 2559412 : Alexandria Central , Alexandria , Eastern Cape
Property Details
Two separate properties with separate sellers to be considered as one deal. Both zoned Business and Commercial.
Erf 1348 - 2015 sqm
R 2 750 000.00
Excellent Commercial and Hospitality Investment Opportunity - Prime Main Street Location.
This well-positioned property offers excellent visibility and exposure situated prominently on the Main street of Alexandria, with a constant flow of passing traffic. The property presents a rare opportunity for an investor looking for a versatile property with multiple income-generating possibilities in a sought-after location. Liquor license in place.
UPSTAIRS
The first floor comprises nine guest rooms, offering six double rooms of which five are en-suite
Three single rooms
Two additional bathrooms
Convenient coffee station
A separate wing with four bedrooms requiring renovation, offering excellent potential for further development and increased income.
GROUND FLOOR
The ground floor offers a welcoming entrance hall and reception area, together with:
Equipped restaurant kitchen
Bar and spacious dining area
Deck forming part of the dining area
Seperate entrance to the dining area
Office
Comfortable guest lounge
Spacious additional room currently used as a second office
Four guest toilets
Storeroom
Three outside storerooms
Two basement areas
The property also includes a popular two bedroom flatlet, providing additional accommodation and income potential.
With it's prime location, excellent visibility, secure parking and versatile layout this property offers numerous possibilities for hospitality, accommodation, restaurant or other commercial uses.
The beautiful garden is an added bonus.
Access controlled gate.
Furniture and appliances included in the sale.
VAT to be added if applicable.
Erf 1633 - 950 sqm R850 000.00
Comprises of a large building currently operating as a shop together with three spacious outbuildings. This additional space offers excellent potential for commercial use, storage, additional income-generating opportunities or future development.
Property Features
- Property Type Business
- Beds 11
- Bath 8
- Building Size
- Stand Size 2,965m²
Location
Enquiry
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