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Uniondale, Uniondale, Uniondale, Western Cape
R 3 399 000
This remarkable property is more than just real estate-it's an investment with endless possibilities. situated on a generous 3285 sqms stand with access to two streets, this historic property combines commercial rights, residential accomodation and exceptional development potential . Originally operating as a bank , the building still retains its original walk-in safes, creating a unique feature that adds character and opens the door to exciting commercial or hospitality concepts. Commercial Opportunities The front section is perfectly suited for a variety of business ventures including : Funeral parlour Professional offices Banking or financial services Restaurant or cafe Boutique retail Medical or consulting rooms Hospitality or tourism related business The existing commercial rights make this an exceptional opportunity for entrepreneurs and investors. looking to establish or expand their business . Main Residence The main house offers comfortable accomodation while maintaining its timeless character Feature include : 3 spacious bedrooms with built in cupboards Additional bedroom with a corner sink ideal as a nursery ,study or home office Spacious lounge Kitchen Separate laundry Full bathroom Separate toilet High ceillings that enhance the sense of space and character . Additional Income Producing Accomodation Flatlet Reception area kitchen Bedroom Bathroom Built in safe Separate One Bedroom Flat Located at the rear of the property , offering excellent rental income potential or staff accomodation Outdoor Features: Built in braai area Fruit trees Raised vegetable beds Single garage Spacious grounds with ample parking Development & Investment Potential This property is ideally positioned for investors seeking multiple streams of income Potential opportunities include ; Rental income from the existing flats Commercial business operations Workshop for automotive or trade related business Warehouse Mixed use commercial and residential development Construction of a second dwelling with municipal approvals Expansion of existing structures with municipal approval Subject to municipal approval , apartments can be develope at the rear of the property, with the benefit of access from two separate streets . Why This Property ? Properties offering commercial rights , residential accomodation , existing rental opportunities and future deveopment potential are becoming increasingly rare. Wether you're looking to establish a thriving business, create multile rental income streams, or unlock the property's full development potential , this is an exceptional investment opportunity that offers flexibility , character and long term value. A truly unique property where history, business and investment come together . Contact me to make this investment ! IamJoy Your Realtor
Estimated monthly repayment
R 32 098
on a R 3 059 100 bond over 20 years at 11.25%
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Uniondale, Uniondale, Uniondale, Western Cape
Listed by
Naledi Nkosi
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