R4,900,000
R4,900,000
412m² Investment For Sale in Wellington North
Ref. CLS4069
Land 489.00m²
Floor 412.00 m²
Monthly Repayment
R48,524.28
Xillin Meadon
Xillin Meadon Candidate Property Practitioner Seeff Wellington PPRA Registered | FFC 20237146527

Investment at the heart of Wellington CBD

Web Ref. CLS4069
Prime Mixed-Use Investment Property in the Heart of Wellington CBD

This fully tenanted mixed-use property offers a rare investment opportunity at the center of Wellington's bustling CBD. The property consists of four renovated residential units and four business premises, making it an ideal combination of commercial and residential income streams.

- Total GLA (Gross Lettable Area): 415 m²
- Erf Size: 489 m²
- Monthly Gross Income: R44,100
- Income Growth: Annual escalations scheduled for next year

Property Features:
- Prime Location: Positioned in a high-visibility area with excellent exposure to passing traffic.
- Parking Availability: Ample parking for both tenants and customers.
- High Foot Traffic: The property benefits from strong foot traffic, contributing to the success of the business tenants.
- Recent Renovations: Residential units have been refurbished to modern standards, ensuring strong tenant demand.

This well-maintained property offers a solid investment with diversified income and future growth potential. Ideal for investors looking for a stable return with a mix of residential and commercial tenants.

Seize this opportunity to own a high-performing asset in one of Wellington's most sought-after locations.

Features

Zoning
Mixed Use
Sizes
Land Size 489 m²
Floor Size 412 m²

Wellington North, Wellington

Wellington is located within the Western Cape province of South Africa and is known for its educational institutions, which stemmed from Scottish and American influence. In addition to its delectable cuisine and delightful properties, the town offers residents a remarkable heritage of historic buildings and architectural gems to explore. Nature enthusiasts will find joy in Wellington's abundant fynbos hiking trails, opportunities for horse riding, mountain biking, and the chance to visit renowned wineries in the area. Wellington is one of the most naturally beautiful towns in the province and truly is a special place to live. A brief history of the area Initially, Wellington was a modest farming community, but its transformation...
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Finance

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