Commercial - Retail for Sale in George Central

Description

~DUAL MANDATE~ PRIME YORK STREET (MAIN STREET) CORNER DEVELOPMENT SITE – GEORGE CBD PRICE EXCLUDES VAT Positioned on **York Street — George’s main commercial artery** — this corner property offers a strategic opportunity for investors and developers seeking scale, visibility, and long-term growth in a proven location. The asset comprises two separately held properties — a commercial building and a residential dwelling — each on its own erf and **both benefiting from established Business/Commercial Rights**. This significantly enhances development flexibility and reduces planning risk. Together, the properties form a combined site of **just under 4 200m²**, made up of **Erf 2058 (2,840m²)** and **Erf 2059 (1,323m²)**. The size, frontage, and corner positioning on York Street support a range of redevelopment or phased upgrade strategies. Planning processes have already been advanced, including consolidation and rezoning, allowing a purchaser to move forward with greater certainty and reduced lead times. **KEY CONSIDERATIONS** **MAIN STREET POSITIONING (YORK STREET)** Located along George’s primary commercial strip, ensuring consistent exposure, accessibility, and long-term desirability. **INCOME WITH OPTIONALITY** Existing tenancies provide immediate rental income, while the site remains adaptable for future redevelopment. **COMMERCIAL RIGHTS ACROSS BOTH ERVEN** Supports immediate commercial use and simplifies future planning. **CORNER EXPOSURE** Prominent positioning enhances visibility and access from multiple approaches. **MEANINGFUL SITE SCALE** Just under 4 200m² enables impactful mixed-use development or phased expansion. This is a considered acquisition for investors looking to secure a foothold on York Street while retaining the ability to unlock further value over time. Further details, including income schedules and planning information, are available to qualified buyers.