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R3,300,000

Monthly Rates
R1,300 Excl. VAT

Prime Corner Commercial Property with Residential Space in the Heart of Wellington

This remarkable dual-purpose property offers a unique blend of business and residential opportunities, making it ideal for entrepreneurs seeking both workspace and living quarters in the bustling Wellington Winelands. Positioned on a high-visibility corner plot along one of Wellington's busiest main roads, this property enjoys excellent exposure, ample foot traffic, and proximity to large corporate neighbours.

The commercial section, currently home to a thriving fish and chips take-away with a grocery section, features convenient street parking for customers. Secure storage areas, staff accommodation, and a walk-in cold storage room make this property perfectly suited for food-related businesses or other ventures requiring extensive storage.

In addition, the property includes multiple garages and storerooms, providing secure storage or additional workspace. The ample outdoor space behind the shop offers opportunities to expand or repurpose for further business needs.

Attached to the commercial building is a spacious and private four-bedroom residence, offering an ideal live-and-work setup. The home includes a large kitchen, two bathrooms (one en-suite), and an open-plan lounge and dining area. Outside, the vine-covered courtyard creates a peaceful and shaded area, perfect for relaxing or entertaining guests.

The residence offers flexibility, with the option to transform it into additional office space, medical rooms, or a veterinary practice. The potential to expand upwards and increase the value of the property further enhances its investment appeal.

With a total erf size of approximately 891 sqm and under-roof space of about 600 sqm, this property presents a rare opportunity to invest in the main road of the beautiful Wellington Winelands.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
560m²
Land Size
890m²
Extras
City Center • High Traffic • Near Schools • Near Highway • Near Public Transportation • Air Conditioning Unit • Corner Lot • On Busy Road • Near Shops • Restaurant area • Covered Parking • Good reachable traffic • Near Railway station
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

46,396.50

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