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R 6 490 000 | Commercial Property for Sale in Potchefstroom Central

Potchefstroom, Potchefstroom Central

Erf Size: 2 427 m²

Prime Commercial Investment Opportunity in Potchefstroom CBD

We are proud to present this exceptional multi-use commercial property located in the heart of Potchefstroom's Central Business District, right across from the Potchefstroom Magistrate’s Court, offering a variety of revenue-generating opportunities.

This well-positioned property is an ideal investment for entrepreneurs and investors looking for a diversified income stream in a prime location. It includes:
• a Mix of retail shops
• Office spaces
• Residential flats

Property Overview:
• Rental Income : +/- R 60 000 p.m
• Retail Shops: 5 (current tenants include a popular café and legal offices)
- Potential to increase retail space by modifying existing layouts.
- Below market-related rental rates, offering immediate room for rent growth.
• Office Spaces: 2 (currently rented by long-term tenants, including legal professionals)
• Residential Flats: 8 fully tenanted units, ensuring a steady cash flow.
- 2 x Two-Bedroom Flats
- 4 x One-Bedroom Flats
- 2 x Bachelor Flats

Investment Highlights:
• Prime Location: Positioned directly across from the Magistrate’s Court, attracting a consistent flow of foot traffic and offering strong demand for office space, particularly for attorneys and legal professionals.
• Long-Term Tenants: All flats are occupied with long-term tenants, providing stable rental income.
• Revenue Growth Potential: Retail and office rental rates are currently below market value, providing substantial upside potential through rent adjustments.
• Mixed-Use Zoning: The property combines commercial, retail, and residential components, diversifying income sources and minimizing risk.

Additional Information:
• The seller is a registered VAT vendor. VAT is excluded from the advertised selling price.
• The property is available for viewing by appointment.
• Whether you're looking to expand your investment portfolio or seeking a prime spot for your business, this property offers remarkable potential for both immediate returns and long-term growth.

Contact us today to arrange a viewing or for more information on this remarkable investment opportunity!


Property Overview

Listing Number
115483322
Type of Property
Commercial Property
Description
Office, Retail, Distribution Centre
Lifestyle
Metropolitan
Erf Size
2 427 m²
Floor Area
2 427 m²

Building

Style
Traditional
Roof
Iron
Wall
Brick, Plaster
Window
Steel
Standalone Building
Yes
Number of floors
2

Other Features

Nearby Public Transport
Minibus Taxi
Wheelchair Accessible
Yes


Contact AgentWeb Ref 115483322

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Stevo Labuschagne
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