Plettenberg Bay Investment Property

Plettenberg Bay Investment Property

AUCT-001133 | SOLD

1 Marine Drive, Plett Industrial, Plettenberg Bay, Western Cape

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Plettenberg Bay Investment Property, Corner Of Marine Drive & N2 National Highway, Plettenberg Bay Industrial

Extent: ± 5 274 m² | GBA: ± 700 m² | Gross Annual Income: ± R 707K

Not often does an opportunity of this nature come available in Plettenberg Bay Industrial situated on the famous Garden Route.The position and location of this property is second to none being on the busiest traffic circle intersection on the N2 Highway between 0Plettenberg Bay and Knysna.

Plettenberg Bay is a seaside town on the Garden Route in South Africa’s Western Cape Province.The property is currently tenanted by a large nationla tenant and trades extremely well.

The property offers further development opportunities to extend the building area to increase the rental income with plenty of parking facilities to accommodate any additional or further development in the future.
This property ticks all the boxes in that it’s a great investment,positioned in the perfect location and offers upside with the opportunity to increase the Gross building area to increase the rental income.

Commercial Type:
Commercial Building
Web Reference:
List price:
Price undisclosed
1 Marine Drive, Plett Industrial, Plettenberg Bay, Western Cape
Auction Venue:
Royal Johannesburg & Kensington Golf Club
1 Fairway Avenue
Auction Date:
27 November 2019 11:00 am

Andrew Miller
Auction Terms and Conditions:
R 50,000.00 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required

Property has been Sold

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