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Mdantsane Nu 2, Mdantsane Nu 2, East London, Eastern Cape
R 770 000
Virtual Realty Group proudly invites investors to this income-generating opportunity in NU2, Mdantsane. This well-known and popular tavern business is now available for sale, offering a great opportunity for investors looking to step into a profitable entertainment venture. The property features a main house with an outbuilding at the back, where most of the tavern operations are currently running. The business is fully licensed with the Liquor Board, giving you the advantage of taking over an already registered and operating establishment. The sale includes alcohol fridges, counters, and essential tavern equipment, allowing the new owner to continue operating immediately. There is ample indoor and outdoor space for customers to enjoy, creating a welcoming entertainment environment. The yard is fully walled with secure gates, offering privacy and security. An added advantage is the flexibility to convert the main house into additional business space if you wish to expand the entertainment area or introduce more services. The property also comes equipped with security cameras installed around the premises for added safety and monitoring. If you are looking to invest in an established entertainment business with income potential, this opportunity is not to be missed. Bring your offer and take ownership of this ready-to-run business. ?? Contact Virtual Realty Group today to arrange a viewing and secure this investment opportunity.
Estimated monthly repayment
R 7 271
on a R 693 000 bond over 20 years at 11.25%
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Mdantsane Nu 2, Mdantsane Nu 2, East London, Eastern Cape
Fair-value check
Priced highPriced 120% above comparable 2-bed houses for sale in Mdantsane Nu 2
Based on 22 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Penelope Nomathamsanqa Nduku
Virtual Realty
Unclaimed listing — claim it to verify
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