176 m² Commercial space in South Beach

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Opening Offers and bids From R1 400 000,00 negotiated 176m2 coastal commercial gem in a prime South Beach location.Purchasers are responsible for a 10 commission plus VAT payment on the agreed purchase price, payable to Rawson Auctions on the fall of the hammer.Going on Auction 28 October 2026A prime coastal investment with space, potential and opportunity.An exceptional commercial opportunity awaits in Rydalmount, South Beach, ideally positioned behind The Balmoral Hotel and within walking distance of the beach, hotels and popular tourist attractions. This 176m2 ground-floor sectional title commercial space offers a spacious, open-plan layout that provides a versatile blank canvas for investors or owner-occupiers, with potential for a variety of commercial uses subject to the necessary approvals. Formerly operated as a laundry service, the property is equipped with three-phase electricity and two prepaid water meters, providing practical infrastructure for diverse business applications. With an estimated rental potential of R16,000 per month, the property presents an attractive investment and value-add opportunity in an established coastal tourism and business hub. With scope to renovate, reposition and unlock its full potential, this hidden gem offers the discerning buyer the opportunity to create a thriving commercial destination in a well-positioned coastal location.This property is offered subject to a reserve price. All bids and offers are subject to confirmation by the seller.

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