12 Bedroom House For Sale in Lamberts Bay

Description

This well-positioned commercial investment property is situated on a prominent corner stand with access from three streets – Voortrekker Street, Church Street and Hoof Street. The property consists of two erven measuring 490m² and 495m², giving a combined size of 985m². Currently operating as a mixed-use property with retail space and self-catering accommodation, it offers excellent flexibility and multiple income streams. The property includes a spacious and charming five-bedroom house with beautiful wooden floors and generous living areas. The home offers five bedrooms, two en-suite bathrooms and one full bathroom, along with a large kitchen, dining area and comfortable lounge. This section of the property can easily be used as an owner’s residence, guesthouse accommodation or an additional rental unit. There are also six fully equipped self-catering units on the property. Five of the units are one-bedroom units, each with a kitchen and bathroom with a shower, and there is one two-bedroom unit with a kitchen and bathroom with a shower. Some of these units are currently rented out on a permanent basis, while others are used as short-term self-catering accommodation, allowing the new owner flexibility in how the property is managed. Three of the units also have their own private outdoor braai areas. The commercial section of the property includes three retail shops which are currently rented out, providing an established rental income. The large retail shop consists of a 90m² retail area with toilets (10m x 9m), a kitchen of 7.5m² (2.5m x 3m), a storeroom of 6m² (2.5m x 2.4m) and a cold room measuring 13.69m² (3.7m x 3.7m). This shop is currently operating as an indoor and outdoor retail store. In addition, there are two smaller retail shops, one currently operating as a cell phone shop and the other operating as a general retail shop. Please note that the shops are currently rented out and all stock, fittings and equipment belonging to the tenants are excluded from the sale. Additional facilities include a laundry room with three washing machines and two industrial tumble dryers, a walk-in freezer room, a large courtyard with braai area and a covered porch area. The property is wheelchair friendly and offers street parking. The self-catering units are fully furnished. The property is also equipped with an extensive solar panel system and inverter. The solar installation produces a large amount of electricity and excess power is fed back into the grid, providing significant energy efficiency and long-term cost savings. With multiple income streams from both retail and accommodation, a high-visibility corner location and the added benefit of a substantial solar power system, this property presents an outstanding opportunity for investors or entrepreneurs looking for a versatile commercial investment. An added bonus to this property is the 30kVA solar power system, providing excellent energy efficiency and reliability while significantly reducing electricity costs and ensuring peace of mind during power outages.

Features

Outdoor Shop

Yes

Cellphone Shop

Yes

Freezer Room

Yes