Commercial for sale
Vibrant urban investment in the heart of Uitenhage CBD with a licensed 215m² restaurant/bar for 100 patrons, 48 one-bedroom en-suite units and communal entertainment spaces.
Prime Investment Opportunity in Uitenhage CBD
Positioned in the heart of Uitenhage’s bustling CBD, this exceptional multi-level commercial property presents a rare opportunity for investors seeking strong income potential and versatility.
The property spans three floors with a total coverage of 1,103m2, offering a well-balanced mix of residential and commercial income streams.
The first and second floors feature 48 one-bedroom units, each with an en-suite bathroom and measuring approximately 16m2. These floors are complemented by communal lounge and entertainment areas, including a games room, creating an attractive living environment for tenants. Each floor also includes two additional visitor bathrooms, enhancing convenience and functionality.
The ground floor is home to a fully licensed restaurant and bar, with a generous floor size of 215m2. The space comfortably accommodates up to 100 patrons and comes fully equipped with gas appliances 4 x 48kg gas bottles, furniture, and operational accessories, allowing for immediate business continuity.
Additional features include:
Comprehensive security camera system with 16 cameras
Point of Sale (POS) system
3-phase electricity
Backup generator to ensure uninterrupted operations during load shedding
This property offers a diverse income stream from both residential units and a commercial hospitality business, making it an ideal investment for those looking to maximize returns in a high-demand area.
Don’t miss out on this exceptional opportunity to own a high-yield property in a prime location. THIS IS A VAT TRANSACTION
Listed for sale at R4,200,000
Uitenhage Central offers a historic, industrial-rooted residential environment with convenient access to essential services and a close-knit community atmosphere.
