987 m² Commercial space in Sidwell

An excellent opportunity to acquire a fully tenanted, income-producing commercial property offering a diversified mix of office, warehouse, light-industrial and recreational accommodation.

The building comprises a basement, ground floor and first floor, currently divided into four separately leased units. The property generates a combined gross rental income of approximately R38,399.07 per month including VAT, equating to approximately R460,788.84 per annum including VAT. The existing leases extend from November 2026 through to December 2028, providing an established rental stream from occupation.

The first-floor accommodation is occupied as a gymnasium and includes a carpeted reception and office, a spacious L-shaped training area, separate male and female ablution facilities, showers and a kitchenette area.

The ground-floor accommodation includes reception areas, private and general offices, work and production areas, kitchenettes and ablutions. One of the units also benefits from an internal loading bay with a roll-up door opening onto the paved frontage.

The basement provides an L-shaped warehouse and distribution area with an internal office, approximately three-metre stacking height and an internal loading bay. The roll-up door opens into a fully enclosed yard with its own access from Haupt Street.

Property Features

Four separately leased commercial units

Established multi-tenant rental income

Basement, ground-floor and first-floor accommodation

Combination of offices, warehouse, production and gym space

Internal loading bays and roll-up doors

Fully enclosed rear yard with separate street access

Approximately three-metre warehouse stacking height

Multiple offices, kitchenettes and ablution facilities

Limited off-street parking at the front of the property

Suitable for investors seeking immediate commercial income

The diversity of the accommodation reduces reliance on a single tenant and makes this an attractive option for commercial property investors looking for an established income-producing asset.

Full lease information and supporting documentation are available to qualified purchasers. Viewings are strictly by appointment.

Please note that the seller is a registered for vat and the listing price is exclusive of vat.