East London, Eastern Cape, Sudafrica

Located in the charming seaside village of Gonubie, this exceptional investment opportunity presents itself in the form of a well-positioned commercial property situated directly on the main road, ensuring maximum visibility and foot traffic. The ground floor features four spacious and well-maintained retail shops, each facing the main road, making them ideal for a variety of business ventures. Convenient customer parking is available directly in front of each shop, enhancing accessibility and appeal for potential tenants and patrons alike. Behind the building, additional secure parking is provided for residents, ensuring comfort and convenience for those living on the premises. The second level of the property hosts four residential flats, each offering a comfortable living space and generating consistent rental income, further bolstering the investment value of the property. These flats offer a mix of layouts and cater to long-term tenants, making the property a versatile income-generating asset in a sought-after coastal location..
The flats are as follows:
2 x 2 Bedroom flats with lounge, fitted kitchen and bathrooms, Fully tiled
1 x 3 Bedroom flat, 2 bathrooms, lounge and kitchen
1 x 4 Bedroom flat with decent sized lounge, kitchen and bathroom
Property is VAT registered
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