R4,200,000
118 High Street
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Monthly Rates
R5,300.63
R5,300.63
Charming Victorian Gem in the Heart of Grahamstown/Makhanda-Prime Investment Opportunity!
Discover this exquisite Victorian-style commercial property, situated between Rhodes University and the High Court, a true heritage treasure in Grahamstown/Makhanda that wraps you in timeless charm and elegance.
Lovingly restored with major renovations completed in 2025 and 2026, this building blends historic appeal with modern functionality, making it an investor’s dream come true. Step inside to a spacious main area currently leased to a prominent law firm, ensuring steady, reliable income from long-term tenants, while the property also features two tenanted flats—and another smaller law firm, all contributing to its full-time rental potential.
Enhancing its appeal are key modern upgrades, including an alarm system for enhanced security, water tanks, an inverter and solar panels for energy efficiency and sustainability, and a fully rubberized roof installed at the end of 2023 for superior weatherproofing and longevity. With its steadfast revenue stream from established tenants, this property offers everything you need for a hassle-free investment—historic character, contemporary amenities, and proven profitability. If you’re ready to own a special piece of Grahamstown’s legacy!
Contact Mike today to arrange a viewing! Don’t miss out on this rare opportunity.
Lovingly restored with major renovations completed in 2025 and 2026, this building blends historic appeal with modern functionality, making it an investor’s dream come true. Step inside to a spacious main area currently leased to a prominent law firm, ensuring steady, reliable income from long-term tenants, while the property also features two tenanted flats—and another smaller law firm, all contributing to its full-time rental potential.
Enhancing its appeal are key modern upgrades, including an alarm system for enhanced security, water tanks, an inverter and solar panels for energy efficiency and sustainability, and a fully rubberized roof installed at the end of 2023 for superior weatherproofing and longevity. With its steadfast revenue stream from established tenants, this property offers everything you need for a hassle-free investment—historic character, contemporary amenities, and proven profitability. If you’re ready to own a special piece of Grahamstown’s legacy!
Contact Mike today to arrange a viewing! Don’t miss out on this rare opportunity.
Features
Zoning
Commercial
Exterior
Security
No
Sizes
Floor Size
825m²
Extras
Air Conditioner; Alarm System; Backup Water; Basin; Air Conditioning Unit; Blinds; Breakfast Nook; Double Bed; Stove; Entrance Hall; Dishwasher Connection; Shower, Toilet and Basin; Fibre; Solar Panels; Water Tank; Backup Battery/Inverter
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