Auction Date: 4th February 2025 at 11:00 AM
Venue: Onsite at 2 York Street, Caledon
This mixed-use property offers a unique investment opportunity, featuring both industrial and residential spaces in a prime location at the corner of York Street and Plein Street. With an industrial warehouse and two spacious townhouses, this property offers versatility for both rental income or owner-occupation. It’s ideal for investors seeking flexibility and long-term growth potential.
Building 1: Industrial Warehouse (216m2)
- 3 x 3m Roller Shutters: The warehouse is equipped with three large roller shutters, providing excellent access for deliveries and operational flow.
- 216m2 Warehouse Space: A north-facing, open-plan industrial space with a 4.7m ceiling height, ideal for various commercial, industrial, or retail uses.
- Former Restaurant Setup: Previously operating as a restaurant, the warehouse is set up for foodservice, with two bathrooms and ample space for a large kitchen or dining area.
- Off-Street Parking: Parking spaces available directly in front of the warehouse for staff or client use, with easy access to the premises.
- Development Potential: The large warehouse space offers the opportunity for conversion or expansion, making it highly adaptable for a variety of commercial needs.
- Building 2: Residential Townhouses (250m2 total)
- 2-Bedroom Townhouses: Two 2-bedroom townhouses, each with a comfortable living room, kitchen, and bathroom, providing ideal accommodation for tenants or potential owner-occupiers.
- Private Braai Area: A large enclosed braai area at the back of the property offers space for outdoor entertainment and relaxation.
- Parking: Each townhouse comes with one garage and additional off-street parking bays, ensuring ample parking for residents and guests.
- Well-Maintained: Both townhouses are in good condition, providing immediate rental income or an attractive living space for owners.
Additional Features:
- Prime Corner Location: Situated on the corner of York Street and Plein Street, offering high visibility and easy access to major routes, local amenities, and public transport.
- Secure Fencing: The property is fully fenced for privacy and security, ensuring peace of mind for both residential and commercial tenants.
- Rental Income: Current leases are in place, providing steady rental returns, or the property could be purchased for owner-occupation with the flexibility to retain tenants.
- Flexible Investment: With a combination of industrial and residential components, this property offers multiple investment options, including rental income or future development potential.
This mixed-use property offers the perfect balance of commercial and residential features, making it an excellent investment for those seeking both stability and long-term growth potential. Whether you're looking for rental returns or an owner-occupied property, this versatile property is ready to meet your needs.
