Set directly on Plein Street and overlooking the village square, The Square is a character-filled commercial property offering an exceptional combination of position, income and opportunity in one of the Western Cape’s most sought-after country villages.
The property brings together a collection of commercial and hospitality spaces within a beautifully established setting. The traditional street-facing building creates a strong presence onto Plein Street, while the property extends towards the rear to incorporate additional accommodation, restaurant space and a private garden. Currently home to SeiSei Restaurant and multiple other tenants, the property offers an established income stream and a diverse tenant mix, adding further appeal for an investor looking for a property with income already in place.
And then there is the setting.
Positioned at the centre of village life, you can step outside and immediately experience what makes Riebeek-Kasteel so appealing. Restaurants, cafés, galleries, independent shops and hospitality establishments surround the square, creating an atmosphere that is both lively and distinctly village-like.
Riebeek-Kasteel has a character all of its own. Set beneath the Kasteelberg mountains and surrounded by vineyards, olive groves and the wider Swartland countryside, the village offers that increasingly sought-after combination of country living, good food, wine, art and a relaxed village atmosphere. Its proximity to Cape Town makes it particularly attractive as a weekend destination, while its established community and tourism offering provide year-round appeal.
For the investor, this is an opportunity to own a substantial commercial property in one of the village's most prominent positions, with multiple tenants already in place, established income streams and the potential to further shape the property according to a new owner's vision.
For the entrepreneur, it offers the chance to create something distinctive in a setting where business, hospitality and village life naturally come together.
For more information contact Justin Pharo of Meridian Realty.