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COMMERCIAL PROPERTY IN AUDUS ESTATE – FOR SALE Audas Estate, Somerset West

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Property Detail

Type Commercial Status For Sale Location Western Cape Sub Location Somerset West Price R10,500,000 Excl. VAT Bedrooms16Bathrooms16Erf Area (m²)3229

Property Description

Heritage Site on 3229 sqm Erf – 3 Buildings with 16 x Units

Unbelievable Potential spread over 3 229 sqm

Welcome to this incredible Heritage site situated on a spacious 3 229 sqm erf, offering a plethora of possibilities and a fantastic investment opportunity. This site boasts three unique buildings consisting of a total of 16 units . These units range from cozy bachelor apartments to spacious one-bedroom apartments, with rental income ranging from R6000 to R7500 per month per unit.

In addition to the Heritage buildings, the surrounding area has been cleared and approved for development. With proposed plans in place, this GR2 zoned site is ready for a potential two-three story building. Located across from a school and nearby all necessary amenities, this site is perfectly situated for a variety of uses. As it’s close to the railway station, parking spaces per unit are forfeited, a huge advantage for a developer.

Don’t miss out on this incredible opportunity! Contact us today for further information and to arrange a viewing. We can’t wait to show you all the potential this unique property has to offer!

Property Features

Additional Features

 x 3
 x 16
 GR2
 Opportunity

Contact Agent

Angelique Steenkamp
angelique@group7properties.co.za
Founder / Principal / Residential / Commercial Broker
021 822 6677
083 282 6606
https://group7properties.co.za/search-property-result/?status
Unit 4A Pastorie Park, 17 Reitz Road, Somerset West
Angelique Steenkamp
Sending ...

Contact Agent

Grant Pepler
grant@group7properties.co.za
Property Practitioner
021 822 6677
072 596 9404
https://group7properties.co.za/search-property-result/?status
Unit 4A Pastorie Park, 17 Reitz Road, Somerset West
Grant Pepler
Sending ...

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Group7 Properties

Group 7 Properties is an innovative agency with specialist knowledge which offers professional advice, business brokerage and marketing of properties. The company offers services across the entire spectrum of property categories, including industrial, commercial, residential, agricultural, and developments.

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Contact Us

 4A Pastorie Park, 17 Reitz Road, Somerset West
 (+27) 21 822 6677
 admin@group7properties.co.za
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