Commercial space in Riviera

Prime Commercial Investment Opportunity in Riviera, Pretoria Freehold Site with Exceptional Visibility

Key Features:

- Zoned for commercial use - existing multi-tenants

- Secure perimeter fencing, gated access, and ample on-site parking

- Established Rental Income from Multiple tenants

- Located near Steve Biko Academic Hospital, Union Buildings, and Riviera Galleries Shopping Centre

- Surrounded by high-footfall amenities including schools, clinics, and public transport hubs

Why Invest Here

Riviera is a sought-after node for medical, retail, and service-based enterprises. This propertys location offers high visibility, steady traffic flow, and proximity to government institutionsmaking it ideal for a branded retail outlet, or professional offices.

This property presents a versatile and unique investment opportunity, combining residential-style accommodations with large communal and function spaces, making it suitable for a variety of uses like a guest houseboutique hotel, multi-tenant residential complex, or a communityevent center.

The property is defined by its striking exterior and practical interior design.

Exterior and Grounds

Aesthetic: The buildings feature a consistent, modern-industrial look with dark grey or charcoal exterior walls contrasted by crisp white window and door frames, giving the property a contemporary, uniform appeal. The dark, corrugated roofing further enhances this aesthetic.

Parking & Access: A large, brick-paved parking area provides ample, clearly marked parking bays. The entrance is secured by 2 large metal gates, ensuring controlled access.

A covered, open-air walkway with a tiled floor runs along the side of the accommodation units.

Accommodation and Communal Spaces

The property appears to be divided into several distinct functional areas:

Function HallConference Roomchurch:

A large, flexible indoor space is set up with numerous chairs facing a stage, indicating its use as a conference room, event hall, or worshipassembly space. This area features fluorescent strip lighting and an air conditioning unit.

Investment Potential

This property is an ideal purchase for an investor looking for a ready-to-use facility with built-in versatility:

Hospitality: The existing layout is highly suited to continue operating as a guest house, bed & breakfast, or budget hotel, especially given the shared ablution facilities and uniform room setup.

Multi-Unit Rental: With minor modifications, the individual units could be rented out as affordable studio or micro-apartments, offering a stable rental income stream.

CommercialCommunity Use: The combination of the large function hall, parking, and simple amenities makes it excellent for use as a training center, churchcommunity hall, or a multi-purpose event venue.

This is a well-maintained, aesthetically cohesive property with the infrastructure to support various business models, presenting a robust opportunity for a savvy investor.

Play area equipment not included in sale as well as all equipment from tenants