Extent: ± 940 m² | GBA: ± 500 m² | Gross Annual Income: ± R 457K | Zoning: Business 1
The property is a well-located, mixed-use commercial investment in Grahamstown’s CBD, positioned along Bathurst and Princess Streets. It spans ± 940m², offering 10.7m frontage onto Bathurst Street, providing excellent exposure to pedestrian and vehicular traffic.
The site is level and receives full municipal services.
Improvements
A partly double-storey commercial building features:
• Ground Floor (Retail Space) – ± 236 m² Open-plan retail area with a kitchenette, staff, and customer ablutions. Finishes include ceramic floor tiles, plastered ceilings, fluorescent lighting.
• First Floor (Office Space) – ± 263 m²
Currently divided into individual offices with a reception, boardroom, filing room, kitchenette, and communal ablutions.
Additional Features:
o Carports (± 150 m²) – Currently used as covered storage.
o Outbuildings (± 84 m²) – Used as storage with brick and stone construction.
o Secure Rear Parking – Accessed via a steel sliding gate, surrounded by steel fencing, brick walls, and razor wire.
This high-exposure commercial property is ideal for retail and office tenants, with strong rental income potential.
