Retail For Sale in Wavecrest

This commercial property in Jeffreys Bay, located in Business Zone 2, is an excellent investment opportunity.
Situated within walking distance to the beach, it offers both convenience and a desirable location. The ground level of this property features a retail shop that generates a monthly income of R10,000. This steady stream of rental income provides a solid foundation for any investor. The retail shop offers a prime space for a variety of businesses, ensuring the potential for long-term occupancy and profitability.
In addition to the retail shop, the property also offers extra office space with a loft. With its own separate entrance, this additional space provides flexibility for various business needs. Currently, the loft is being rented out for R2,500 per month, providing an additional income stream.
This presents a unique opportunity for the new owner to either continue renting it out or utilize it as additional office space for their own business. There are 3 pre-paid electricity meters (1 for the retail shop, 1 for the office and 1 for the loft).
Overall, this commercial property presents an attractive investment opportunity in a sought-after location. The combination of rental income from the retail shop and the loft provides a favorable return on investment. Additionally, being within walking distance to the beach, it benefits from the high foot traffic and potential clientele in the area.
Investing in this commercial property allows for both immediate rental income and the potential for future growth. Whether you're an experienced investor or looking to start your commercial property portfolio, this property offers promising opportunities and a chance to capitalize on the thriving business environment in Jeffreys Bay.
Please let me know if you require any further assistance or information regarding this property.