R 2 980 000 | business property for sale in caledon

A retail/commercial building situated in Caledon in the heart of the Overberg district is for sale. The property is located approximately 110 kms from Cape Town. The property is situated prominently in the main road, Donkin Street. The erf measures ±433m². The ground floor lettable space measures ±299m². It is divided into 3 retail spaces. It is currently let to 3 retail tenants whilst upstairs has been divided into 15 single rooms. Could be converted to offices space if required. Possibly a redevelopment opportunity. There is a lane down the right side of the property which can be used as parking, loading/unloading, etc. There are no leases currently in place. Tenants month-to-month. Tenants pay all municipal consumables and portion of rates. Seller not a VAT vendor. To view or for more information please call me at Avron Properties.