R 20 100 000
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3 163 m² Commercial space in Nelspruit Central

3 799 m² 3 163 m²

A well-positioned mixed-use commercial property in the heart of Nelspruit, highly visible from two main streets.

It will be selling as a going concern

The property spans two stands, totaling 3,163m of land, with a lettable area of 3,799m plus an enclosed 300m yard. The building comprises retail shops, offices, and warehouse space, all within walking distance of major public transport hubs and surrounded by a vibrant local business environment. The mixed-use property offers flexibility: ideal for retail, office, or warehousing. It is income-producing with current tenants in place and an opportunity to increase returns.

TOTAL RENTAL INCOME (EXCL. VAT) with flexible letting options:

- Total Monthly Gross Income: R126,882.61

- Annual Income (Excl. VAT): R1,522,591.32

- Estimated Net Operating Income: R1,197,970.56

Tenant Mix: Restaurant, Hairdresser, Warehouses of 2,417m+, Secure enclosed yard and offices.

EXPENSES:

- Municipal Rates & Refuse: R27,000/month (R324,620/year)

Please contact me to view the premises.

Property details

  • Listing number T5062877
  • Property type Commercial
  • Listing date 4 May 2025
  • Land size 3 799 m²
  • Floor size 3 163 m²
  • Rates and taxes R 27 000

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