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R 3 500 000 Bond Calculator | Commercial Property for Sale in Grahamstown Central

45 New Street, Grahamstown Central, Grahamstown

Erf Size: 670 m²

Prime Investment Opportunity – Wagon Wheel Property

An exceptional mixed-use investment property generating approximately R40,000 per month in rental income. Strategically located and linked to the thriving Pepper Grove Mall, this property offers both commercial and residential components, ensuring consistent returns.

Key Features:

Anchor Tenant: A well-established restaurant as the main commercial occupant.

Residential Units: One cottage and six bachelor flats, ensuring additional steady rental income.

High Growth Potential: Positioned next to Pepper Grove Mall, benefitting from increasing foot traffic and future expansion.

Investor’s Dream: Strong rental yield, prime location, and diverse tenant mix.

Don't miss out on this rare opportunity to own a high-income-generating asset in a sought-after area. Enquire today!


Property Overview

Listing Number
115525551
Type of Property
Commercial Property
Street Address
45 New Street, Grahamstown Central
Description
Bachelor/Studio
List Date
04 February 2025
Erf Size
670 m²
Floor Area
367 m²
Rates and Taxes
R 2 000
Furnished
Yes

External Features

Parking
Secure Parking

Other Features

Security
Electric Gate, Alarm System, 24 Hour Response, 24 Hour Access


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Agents

Leanne Van Der Merwe
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Cindy Gravante
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