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NO TRANSFER DUTY
Entrance to Homestead
Entrance to Homestead
Outside seating
Outside seating
Interior with original windows
Interior with original windows
Paved outdoor seating
Paved outdoor seating
Safe onsite parking
Safe onsite parking
View from Main Road
View from Main Road
1,990m² Retail For Sale in Hout Bay Central
1,990m² Retail For Sale in Hout Bay Central
1,990m² Retail For Sale in Hout Bay Central
1,990m² Retail For Sale in Hout Bay Central
1,990m² Retail For Sale in Hout Bay Central
1,990m² Retail For Sale in Hout Bay Central
1,990m² Retail For Sale in Hout Bay Central
1,990m² Retail For Sale in Hout Bay Central
1,990m² Retail For Sale in Hout Bay Central
1,990m² Retail For Sale in Hout Bay Central
1,990m² Retail For Sale in Hout Bay Central
1,990m² Retail For Sale in Hout Bay Central
1,990m² Retail For Sale in Hout Bay Central
1,990m² Retail For Sale in Hout Bay Central
1,990m² Retail For Sale in Hout Bay Central
1,990m² Retail For Sale in Hout Bay Central
1,990m² Retail For Sale in Hout Bay Central
1,990m² Retail For Sale in Hout Bay Central

1,990m² Retail For Sale in Hout Bay Central

R21,000,000

140 Main Road Hout Bay
Web Ref SC43

INVESTOR'S DREAM - KRONENDAL HOMESTEAD (CIRCA 1800) FOR SALE - EXCELLENT YIELD

Once in a lifetime a Heritage Circa 1800 Kronendal Homestead, previously housing one of Cape Town's top Thai restaurants Kitima, is on the market. It's an investor's dream! Not only is it a provincial monument but it's also a fully tenanted building with a terrific yield of about 10% and no Transfer Duty. Its historic design includes gorgeous gables after the traditional style of Cape Dutch architecture as it was founded way back in the 1670s with the building being erected around 1713. Famously the Homestead is known as Hout Bay's very first farm. When you enter the reception area a table is set for the ghosts that were previously lovers who were separated during their lifetimes, but still reside in the Manor House.

The Homestead boasts a dream list of popular tenants like the popular restaurant, coffee shop and bakery Deus Ex Machina, a delightful branch of Sealand Gear including a Cutting & Sewing Department, In Benzin Veritas (an international clothing/retail store), Five Hair & Barber, Core Physio & Wellness, Crossfit. Additionally there's plenty of onsite parking for clients and tenants alike.

Features

Zoning Commercial
Title Freehold
Interior
Air Conditioning Yes
Exterior
Security
No
Sizes
Floor Size 1,990m²
Extras 24 Hour Access; Air Conditioner; Built In Bar; Country Style; Courtyard; Covered Patio; Fireplace; Garden; Guest Toilet; Outside Toilets; Office Outbuildings; Oven And Hob; Patio; Retail; Scullery; Secure Parking; Spacious Entrance Hall; Special Doors; Veranda
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