590 m² Commercial space in Olifantsnek

Prime Investment Opportunity Olifantsnek, Rustenburg

Going on Auction: Wednesday 29 July 2026

Reserve Price: R16 000 000.00 plus VAT. All offers will be reviewed

Non-refundable 10 commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer Payable by the buyer

Secure a high-performing commercial investment with this fully tenanted petrol station, ideally located on the busy R24 at Olifantsnek, just outside Rustenburg. Offering an attractive rental income of R144,000.00 per month, secured by a lease in place until 2032, this property provides investors with reliable long-term cash flow and exceptional income stability. The property boasts extensive commercial improvements designed to support a successful fuel retail operation, including a 150 m² retail store, a 150 m² restaurant and bakery, a 300 m² service area comprising a fully equipped kitchen, storerooms and toilet facilities, a 100 m² convenience store, and an expansive 4,000 m² forecourt capable of accommodating high vehicle volumes and commercial traffic. Also included in the sale is a residential component consisting of a 4-bedroom house, 2-bedroom flatlet, three bachelor flatlets as well as a storeroom and 4 garages. Positioned on the well-travelled R24 route linking Rustenburg and surrounding areas, the property enjoys excellent visibility, accessibility and consistent passing traffic, ensuring continued commercial demand and long-term investment appeal. Whether you''re looking to expand your commercial property portfolio or secure a hassle-free, income-producing asset with strong tenant security, this exceptional investment opportunity should not be missed. The seller is registered for VAT allowing for the transaction to be zero rated.

Rawson Auctions Southern Region are obligated by law to market the property at the Reserve Price as listed herein. A Reserve Price is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the propertys market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.