R 8 925 000
| Commercial Property for Sale in Aliwal North
25 Smith Street, Aliwal North, Aliwal North
Photos
Erf Size:
4 325 m²
Former Hotel Turned Multi-Use Commercial Property with Shops and Rental Rooms
Once a grand hotel, this expansive property now serves as a bustling hub of local businesses and rental accommodations. Positioned on a sizable perimeter in a relatively busy area, it’s home to 14 active shops at the front, including 11 smaller venues, two larger spaces, and three dedicated office spaces. With six restroom facilities, two additional office rooms, and a kitchen, it’s perfectly equipped for business. At the back, 38 rentable rooms provide steady accommodation income. While some updates are needed, this property offers a rare investment opportunity with strong potential for revenue growth.
Property Overview
Listing Number
115235845
Type of Property
Commercial Property
Street Address
25 Smith Street, Aliwal North
Description
Guesthouse, Hotel, Office, Retail
Erf Size
4 325 m²
Floor Area
1 859 m²
External Features
Parking
On street parking
Building
Green Building
No
Building Grading
B Grade
Multi Tenanted
Yes
Standalone Building
Yes
Other Features
Nearby Public Transport
Bus, Minibus Taxi
Contact AgentWeb Ref 115235845
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