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R7,890,000

Retail for sale in Modimolle Central

1,180m²
2,003m²
Retail For Sale In Modimolle Central

Prime Commercial Property for Sale in Modimolle, Limpopo

Unlock Your Investment Potential!

Discover a remarkable opportunity in the heart of Modimolle with this prime commercial property, strategically located at the intersection of two bustling main streets. Comprising 8 retail shops and 5 residential apartments, this versatile property promises excellent rental income, making it an ideal choice for savvy investors looking to expand their portfolio.

Property Breakdown:

Shop 1: 48m2 – Equipped with ablution facilities.

Shop 2: 174m2 – Includes a storeroom, private office, and ablution facilities.

Shop 3: 310m2 – Currently used as a bar/restaurant featuring a large serving counter, kitchen, storage space, and ablution facilities.

Shop 4: 100m2 – Fitted with a kitchenette and ablution facilities.

Shop 5: 85m2 – Includes a kitchenette and ablution facilities.

Shop 6: 87m2 – Features a kitchen, scullery, and ablution facilities.

Shop 7: 58m2 – Includes a serving counter, steel shelves, storage area, and ablution facilities.

Shop 8: 104m2 – Fitted with a showroom at the front, a storeroom at the back, and ablution facilities.

Residential Apartments:

4 x Two-bedroom apartments (each with a bathroom, kitchen, and living area).

1 x Three-bedroom apartment (with a bathroom, kitchen, and living area).

Additionally, the property offers 4 garages and ample parking space, ensuring convenience for both tenants and customers.

Zoning:

This property is zoned as Business 1, allowing for a wide range of activities, including residential flats, hotel, offices, medical consulting rooms, shops, restaurants, taverns, social halls, and vehicle sales lots.

Why Modimolle?

Modimolle is a vibrant town poised for growth, especially with the development of a new private hospital on the horizon. This exciting project will not only enhance healthcare access for the community but also stimulate economic growth and attract new residents and businesses. Investing in Modimolle now positions you at the forefront of this promising development, ensuring long-term value and profitability.

This is a rare opportunity to own a versatile commercial property in a highly visible location, perfect for generating rental income across both commercial and residential sectors.

Don’t miss out—seize this opportunity today!

VAT payable on purchase price. Seller is VAT registered.

Property Type
Retail
Stand Size
2,003m²
Building Size
1,180m²
Reference
ENT0287082
Property history
Listed for sale at R7,890,000
06 Oct 2024
Get to know Modimolle
Modimolle lies north east of Bela-Bela, roughly two hours from Johannesburg in the midst of the Waterberg.
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