1 205 m² Retail Space in Nelspruit (Mbombela) Central

Office building in Nelspruit, 1200

Prime Location: Situated in the bustling business hub of the CBD of Nelspruit, which is a sought-after area for professionals, attorney firms, and parasang

Condition: A-grade, having undergone a complete renovation in June 2024.

Renovations Included: Installation of new under cover parking, and a comprehensive maintenance plan implemented by the owner to ensure the building remains in top condition.

GLA Gross Lettable Area: 1,205 m², making it a sizeable office space for multiple tenants.

ERF Size: 1,487 m²

Tenancy and Office Modules

Total Office Modules: 8

Current Tenants: 7 out of the 8 office modules are currently tenanted, indicating a high occupancy rate and steady rental income.

Tenant Demographics: Popular among attorney firms, professionals, and parastatals, which adds to the building''s prestige and reliability as an investment.

Parking Facilities

Tenant Parking Bays: 27 regular bays and 3 tandem bays, providing ample parking space for tenants.

Disabled Parking Bays: 1 bay, ensuring accessibility for disabled individuals.

Street Front Customer Parking: 8 bays, offering convenient parking options for clients and visitors.

Zoning and Investment Potential

Zoning: Business 2, which allows for a variety of commercial uses.

Investment Suitability:

Ideal for OwnerOccupant: The building''s prime location and high demand for office space make it perfect for an owner-occupant looking to establish their business in a prestigious location.

Ideal for Investors: High occupancy rate, quality tenants, and well-maintained facilities offer a reliable and potentially profitable investment opportunity.

Additional Features

Maintenance: The property is well-maintained with a dedicated maintenance plan, ensuring longevity and reduced future repair costs.

Demand: Office area sizes are well in demand, enhancing the propertys attractiveness to potential tenants and investors.