3 300 m² Commercial space in Wellington North

ADVERTISED PRICE IS EXCLUSIVE OF VAT

Main Road | 7,764 m2 | Office & Retail Precinct

An exceptional opportunity to acquire two adjoining commercial properties, comprising approximately 7,764 m2 of strategically positioned land along Wellingtons prominent Main Road.

Offering excellent visibility, accessibility and established municipal infrastructure, this well-located property presents significant potential for investors, developers and owner-occupiers seeking a strategically positioned commercial asset within the Cape Winelands.

The combined holding comprises an established office campus and a separate retail and parking component, offering flexibility for continued commercial use, refurbishment or future redevelopment, subject to the necessary municipal approvals.

Property Components

Office Campus 6,302 m2

Currently utilised as a corporate administrative facility, the office campus offers considerable flexibility for alternative commercial applications. Much of the internal partitioning consists of drywall construction, allowing for cost-effective reconfiguration to accommodate a variety of occupiers and operational requirements.

Potential uses include corporate headquarters, medical suites, educational facilities, government offices, business incubators and mixed-use commercial development. Residential conversion may also be considered, subject to the relevant planning and municipal approvals.

Retail & Parking Component 1,462 m2

Positioned directly along Main Road, this component offers excellent exposure and potential for retail activation, customer parking, improved site accessibility or future commercial development. Its strategic position complements the office campus and enhances the overall redevelopment potential of the combined holding.

Strategic Development Potential

The combined properties offer an attractive opportunity to unlock value through the repositioning or redevelopment of an established commercial site. Potential development concepts include a retail destination, mixed-use commercial precinct, professional office park, corporate campus or a combination of complementary uses.

The property''s existing location within Wellingtons established urban fabric provides an opportunity to capitalise on its accessibility, surrounding residential catchment and position within the growing Cape Winelands economy.

All redevelopment proposals and changes of use would be subject to the applicable planning, zoning, building and municipal approval processes.

Location Advantages

Prominent Main Road frontage with excellent visibility.

Central position within Wellingtons established urban area.

Convenient access to surrounding residential neighbourhoods and commercial amenities.

Strategic positioning within the Cape Winelands growth corridor.

Connectivity to Paarl, Stellenbosch and the greater Cape Town market.

Existing municipal infrastructure supporting the property''s established commercial use.

Investment & Transaction Opportunity

A sale-and-leaseback arrangement is available, with occupation anticipated to continue until December 2027. This provides a potential opportunity for investors to secure the properties while allowing the existing occupier to remain in place for the agreed period.

An Opportunity to Unlock Future Value

Combining a substantial office campus with a strategically positioned retail and parking component, this 7,764 m2 holding presents a compelling opportunity to acquire, reposition and potentially redevelop a prominent commercial property in the heart of Wellington.