4 047 m² Commercial space in Empangeni Central
PRIME MULTI-TENANTED COMMERCIAL INVESTMENT | 22 UNITS & VALUE-ADD POTENTIAL
An exceptional opportunity for investors seeking an established commercial asset with existing rental income and further potential for growth.
This substantial multi-tenanted commercial building comprises 22 individually numbered office and commercial units, providing a diversified tenant base and multiple income streams from a single property.
The building is already home to a variety of established businesses and organisations, including a car wash and radio station, creating a diverse commercial environment and contributing to the property''s established presence.
A variety of commercial spaces accommodate different business requirements, while underground parking and extensive additional parking to the rear provide valuable convenience for tenants, employees and visitors.
The property''s existing tenant profile provides an established foundation of rental income, while the number of separately lettable units creates the opportunity to build and diversify income across multiple occupancies.
Importantly, several units are currently vacant, presenting a clear value-add opportunity for a new owner. Increasing occupancy and securing additional tenants provides scope to unlock further rental income and strengthen the property''s overall performance.
For the investor seeking both an established commercial presence and room to actively add value, this property offers an appealing combination of existing income, multiple lettable spaces, diverse tenants and further leasing potential.
Investment Highlights
22 numbered office & commercial units
Multi-tenanted commercial building
Established tenant base
Multiple income streams
Several vacant units offering additional leasing potential
Diverse range of existing businesses
Includes car wash and radio station
Underground parking
Extensive rear parking
Strong value-add potential
Opportunity to increase occupancy and rental income
An established commercial asset with the scale, tenant diversity and available space to create further value over time.
Contact Oakwood Properties today for further information, including the current tenant profile and income schedule, and to arrange a private viewing.
Property details
- Listing number T5625130
- Property type Commercial
- Listing date 16 Sep 2026
- Land size 4 047 m²
- Floor size 4 047 m²
- Rates and taxes R 23 069
- Levies R 5 500