800 m² Commercial space in Olifantsfontein

1. Summary of the Opportunity

A rare and versatile commercial property positioned in the heart of Clayville Industrial. This opportunity offers a mix of hospitality, retail, and workshop facilities on a secure erf with open yard space for future expansion. With an estimated rental return of R70,000/month (post minor upgrades), the property presents strong passive income potential alongside excellent upside for redevelopment or repositioning.

Expected ROI: 15.3% per annum based on potential gross income at current price level.

2. Property Overview

Property Address: 5 Nail Avenue, Clayville Industrial

Zoning Classification: Industrial

Erf Size: 1,428 m2

Building Size (Under Roof): 800 m2

Power Supply: 3-phase electrical

Access & Loading: Roller shutter access drive-in yard space

Parking Provision: Open yard with mixed surface truck-friendly access

Overall Condition: Structurally sound some areas may benefit from aesthetic upgrades

Occupancy Status: Partial flexible for immediate owner-use or new leases

3. Market Positioning

This property is well-positioned in one of Clayvilles most established industrial belts. The flexible layout lends itself to an investor/operator hybrid, with demand in the area high for workshop and retail-lite units. With the inclusion of a fitted restaurant/bar area, commercial kitchen, and separately partitioned lettable spaces, this site stands out in its class. The open yard space at the rear offers excellent scope for further development potentially adding warehouse bays, storage units, or container-based setups to scale returns.

4. Investment Considerations

Mixed-use revenue potential from bar/restaurant, retail tenants, and storage/workshop users

Multiple partitioned shopfronts ideal for beauty, spaza, small-scale retail, or services

Existing kitchen infrastructure reduces setup costs for food/production businesses

Open rear yard ideal for future builds potential to increase GLA with new workshop/storage structures

Strong income base with upside R70,000/month rental achievable with only light capital input

Positioned in a proven industrial zone with easy access to major routes

Suitable for investor or owner-occupier ready to optimise and scale value

5. Supporting Notes

Includes restaurant-grade bar, glassware shelving, and lounge-ready seating areas

Two kitchens and preparation rooms previously used for high-volume catering

Workshop and storage zones actively used for trade and mechanical parts

Yard space could accommodate additional structures or be repurposed for truck rental/storage

Rear section offers low-cost expansion potential with services already available on site

Site can be repositioned as a mini business hub, hybrid depot, or destination hospitality venue

Estimated Building Size Breakdown (Under Roof)

Restaurant / Bar Entertainment Area: 150 180 m2

Commercial Kitchens & Prep Rooms (x2): 70 90 m2

Front Retail / Shop Units (34 units): 150 180 m2

Workshop / Mechanical Stores & Parts Area: 180 200 m2

Office / Admin Rooms: 40 60 m2

Additional Storage / Staff Facilities: 40 60 m2

Total Estimated Building Size: 750 800 m2