This property consists of a commercial retail space on the N2, with current tenants and option for more improvement. It also has several long term housing accommodation with current tenants. The owner has decided not to extend leases as he would rather sell and give the new owner the option to extend these leases or cancel them on expiry.
The property also has a large undeveloped section that is ideal for the correct development opportunity.
If the bypass development ever takes place this property would be wedged between the to main roads, giving it ample scope for redevelopment. Or buy it as is and give leases to all the available space and earn yourself a passive income as is.
For more information please contact me today.