TWO COMMERCIAL PROPERTIES FOR SALE – PRIME INVESTMENT OPPORTUNITY

Koeberg Road Commercial Node | Phoenix, Milnerton, Cape Town

Asking Price: R29,000,000 – Inclusive of All Costs

SOLE & EXCLUSIVE MANDATE

Established Hospitality Business and Multi-Tenant Commercial Investment

An exceptional opportunity to acquire two separately identifiable commercial erven, situated opposite one another within an established commercial and business precinct.

Offered together at R29 million, this investment combines an established tavern, bottle store and entertainment business with a separate multi-tenant commercial property accommodating approximately eight independent businesses.

The properties present opportunities for investors seeking diversified commercial income, established business operations and future development potential.

PROPERTY 1 – PHOENIX TAVERN & PHOENIX LIQUORS

An established hospitality and retail liquor operation offered as a going concern, subject to the final sale agreement.

Key features:

- Established tavern and bottle store
- Existing liquor licence with reportedly extended trading hours
- Entertainment licence
- Gaming facilities
- Bar, entertainment and customer seating areas
- Existing trading infrastructure
- Potential for further commercial expansion
- Additional building plans reportedly available

The property offers an opportunity for an experienced hospitality operator or investor looking to acquire an established business and its underlying commercial premises.

Licence conditions, gaming arrangements, business assets and financial performance are subject to verification.

PROPERTY 2 – MULTI-TENANT COMMERCIAL CENTRE

Situated directly opposite the tavern property, this separate commercial erf accommodates approximately eight business units with a diverse mix of commercial tenants.

Existing business activities include:

- Automotive mechanics and related services
- Furniture wholesale and retail
- Electronics businesses
- Water bottling and distribution
- Other small commercial enterprises

The property provides an opportunity to acquire an established multi-tenant commercial investment, with the potential for rental income and future repositioning or redevelopment, subject to municipal approvals.

Current leases, rental income, operating expenses and occupancy details will be made available to suitably qualified purchasers, subject to the seller's approval.

INVESTMENT HIGHLIGHTS

- Two separate commercial erven
- Two distinct commercial investment opportunities
- Established hospitality and liquor retail operations
- Multi-tenant commercial rental component
- Diverse business activities and income sources
- Existing commercial infrastructure
- Potential for future expansion and redevelopment
- Opportunity to acquire both properties as a combined portfolio

ASKING PRICE – R29,000,000

The advertised asking price covers BOTH properties and is inclusive of all costs, as represented by the seller.

Although marketed as a combined investment, individual offers for either erf will be considered, subject to the seller's approval and separate negotiation.

VIEWINGS & ENQUIRIES

Serious investors and financially qualified purchasers are invited to arrange confidential discussions and property inspections.

CLAUDE ROSSOUW
Independent Property Practitioner
Sole & Exclusive Marketing Agent
eXp Realty South Africa (Pty) Ltd

Mobile: 072 461 5332

Property Practitioner Registered with the PPRA | #CR68

All information is supplied in good faith and remains subject to verification, including ownership, approved building plans, licences, rental schedules, financial records and the final terms of sale.

Retail Space for sale in Milnerton