Avondale - Commercial Property

$1,300,000

Ref.: KNP140380
(Ref# 3163) PRICE ON APPLICATION. SERIOUS OFFERS INVITED!! This commercial property by special consent, situated in a superb location adjacent to a newly proposed fully commercial development on the corner of King George Road., measures 4409 m2.
The property’s central location places it within close proximity of Avondale Shopping Centre, the City Centre, medical facilities, Embassies, NGO offices and International Agencies.
Early twentieth century colonial structure is presently tenanted by a well-known restaurant. The beautiful gardens and numerous out-buildings attract corporate and individual clients for conferences, private functions and weddings creating opportunities for additional revenue streams. There is also potential for the renting of space for offices and shops. Aswell as 3 bachelor pads for short stay guests. There is a prolific borehole and the property has two gates for vehicles and one pedestrian gate.
RESTAURANT = 276M2
CONFERENCE AREA = 314M2 (SEATING FOR PAX)
OFFICES (SHOPS) & VERANDAH = 128M2
LODGES = 58M2 EACH (X3 LODGES)

Property Size in m24409 m²
Property Title TypeFull Title Deeds

Kennan Properties