400m² Investment For Sale in Mossel Bay Central
R16,500,000
Web Ref No CL90
Prime Investment Opportunity in the Heart of Mossel Bay
Discover a unique and exceptional investment opportunity in the heart of Mossel Bay, where two prime properties offer unparalleled potential. Situated in the bustling Marsh Street, the first property spans a generous 1,233 square meters. This historic building, with approximately 400 square meters of space, was formerly used as a pub restaurant. Though it requires significant renovation, its rich history and prime location present an ideal opportunity to create something remarkable. The property includes an additional outbuilding and various storage areas. Additionally, there is an 800 square meters piece of open land on the property, offering ample potential for further development.
Behind this property, at 17 Uppercross, lies a residential gem consisting of six two-bedroom units. Each unit features two bedrooms, a lounge, kitchen, bathroom, and courtyard. Currently, two flats have been combined into a four-bedroom unit, but they can easily be separated again. This property is a proven rental generator, with all units currently rented out, providing a steady income stream.
Mossel Bay is renowned for its vibrant tourism and culinary scene. As a prime destination along the Garden Route, it boasts stunning beaches, a rich maritime history, and numerous outdoor activities. Visitors and residents alike enjoy whale watching, shark cage diving, and hiking trails with breathtaking ocean views. Mossel Bay's thriving tourist industry ensures a constant influx of visitors, enhancing the appeal of these investment properties.
Located close to the point and the main road, these properties offer a prime spot for both commercial and residential development. With their potential for substantial returns, they present a unique opportunity for savvy investors looking to make their mark in the heart of Mossel Bay.
Don't miss out on this rare chance to invest in a town that seamlessly blends natural beauty with modern amenities.