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Prime Investment Opportunity in Mossel Bay: Historic Charm and Development Potential in Sought-After
Discover an exceptional investment opportunity in the heart of Mossel Bay with two prime properties offering unparalleled potential. The first property, located in the vibrant Marsh Street, encompasses an impressive 1,233 square meters. This space is perfect for a variety of commercial or residential developments, capitalizing on its prime location in one of Mossel Bay’s most bustling and sought-after areas.
This stunning 400 m² is a beautiful sandstone building that exudes historic elegance and timeless appeal. The property boasts large open spaces, allowing for exceptional versatility in design and functionality. Whether envisioned as an upscale commercial establishment, a stylish residential loft, or a mixed-use space, the expansive layout can be tailored to fit various needs and settings. With its classic architecture and adaptable interior, this property presents an outstanding opportunity for those looking to invest in a unique and multifunctional space. A small adjacent building is also available, which are leased out separately.
There is an 800 m² stand located behind this building, which is business-zoned and perfect for development.
The other property, set on a 727 m² stand, features six 2-bedroom flats that generate rental income.
Given their prime location and versatile layout, these properties could be transformed into a boutique hotel or other types of accommodation. The proximity to The Point, popular restaurants, the ocean, and the scenic St Blaize Trail adds to their appeal, making them an ideal choice for hospitality ventures that cater to tourists and visitors seeking a unique and memorable stay in Mossel Bay.
Mossel Bay is a harbour town on the Garden Route in South Africa's Western Cape Province. It's known for the wide Santos Beach and the 19th-century Cape St. Blaize Lighthouse, which offers glorious bay views. Mossel Bay is also known as the adventure capital of the Garden Route with around 50 unique adventure experiences. A beautiful area that offers residents the best of both worlds in terms of its lush greenery...
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, 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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
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