Unique residential property with business rights in the Mainstreet

  • R1,800,000
Steytlerville, Steytlerville, Eastern Cape
For Sale
Unique residential property with business rights in the Mainstreet
Steytlerville, Steytlerville, Eastern Cape
  • R1,800,000

Overview

Property ID: HZRNR22580
  • House
  • Property Type
  • 4.0
  • Bedrooms
  • 2.5
  • Bathrooms

Description

Looking for the best of both situations? Would you like to work from home?
Here’s a unique opportunity to acquire a large erf with business rights in the Main Road of Steytlerville and to relive the vibe of years gone by. This was the address of the first garage and the home of the original owner. Although it needs some TLC it has the aura of the seventies from an era of great nostalgia.

The 9915 m² erf has been consolidated but can be subdivided to accommodate interested buyers.

The Homestead:
The Art deco inspired homestead faces Northeast into Philpott Street, away from the main road, and has large windows and two portico entrances. The house has 4 large bedrooms, one with BIC.
The main bedroom faces South and has a small en-suite bathroom with shower, basin and toilet
A second guest bathroom includes a bath, basin and separate toilet.
The kitchen opens onto an outdoor braai patio.
The home is carpeted.
There are burglar bars on most of the South facing windows.
A lovely free-standing building could be converted into a garden flat .
There are several Jo- Jo water tanks that store rainwater and an underground tank holds water for the garden

The business end:
This property dates back several years and was the site of the first garage in Steytlerville.
It has business and residential rights
For this purpose, several outbuildings were erected to accommodate the needs of the business at the time. There is a huge double doored garage with basic fitments including a service or oil change dugout, reminiscent of the old days.
Another building on the erf with a street façade was used as a showroom for the garage and has big windows facing the street front. This is a popular building with income generating potential. At present is serves as a storeroom for a local business.

One erf could be used for a new business and could be subdivided to build a home as well.
The property could also be subdivided to suit the purposes of the buyers or can be bought as a single unit.

Negotiations would influence the exact price of the property according to subdivision, but the following are guidelines.

Price: The home only :R950 000.00
Price: Erf with the garage only: R400 000.00
Remaining Two erfs: R150 000.00 each
The unit as a whole: Offers on R1.75 million

  • Address 2 Philpot Street
  • City Steytlerville
  • State/county Eastern Cape
  • Area Steytlerville

Details

Updated on March 11, 2025 at 3:20 pm
  • Property ID: HZRNR22580
  • Price: R1,800,000
  • Land Area: 9915.00
  • Bedrooms: 4.0
  • Bathrooms: 2.5
  • Garages: 2.0
  • Property Type: House
  • Property Status: For Sale

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Contact Information

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Linda Henderson

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