Commercial space in Bethlehem Central

A rare chance to buy a substantial, income-producing commercial building in central Bethlehem. The Isuzu Building in Bethlehem stands on two erven totaling 2,792 m² and offers about 3,061 m² of lettable space over four floors as well as a open section ideal for additional developments.

The ground and first floors hold a large showroom and workshop with supporting offices. The building is currently let to an established national motor dealership, on a lease for at least 12 months. The upper floors are 21 residential units, which add a second, diversified income stream.

The property is zoned Business 2 under the Dihlabeng Land Use Scheme, 2022. This allows a wide range of uses as of right, including business buildings, flats,

That makes it a strong long-term hold with redevelopment flexibility.

Investors looking for a well-located, tenanted asset with secure income in the Eastern Free State shouldn''t miss it.

Key features:

Erf size: 929 m² 1,863 m² 2,792 m²

Total GLA: 3,061.6 m²

Ground floor: 1,437.5 m² showroomworkshop 1,238.9 m² 198.6 m²

First floor: 1,109.0 m² 816.3 m² open-plan 293.0 m² offices

Second floor: 289.7 m² residential units

Third floor: 225.4 m² residential units

Zoning: Business 2, with 80 coverage for business buildings

Tenancy: Anchor tenant on an escalating lease, plus residential rental units

Location: Central Bethlehem, with high exposure on Muller Street

This is a must see, call for more info!!!