420 m² Commercial space in Van Riebeeck Park

Prime Business Property with Excellent Investment Potential

This exceptional Business 3 zoned property offers a rare opportunity for investors, entrepreneurs, or business owners looking for a versatile commercial premises with excellent income-generating potential. Ideally situated on a busy main road with high visibility, the property enjoys constant passing traffic and is conveniently located close to shops, schools, public transport, and just a short drive from OR Tambo International Airport.

The commercial section features 7 business rooms, complete with a kitchen and bathroom, making it ideal for a variety of businesses such as educational centres, beauty salons, medical consulting rooms, offices, training facilities, or professional services. The property is currently occupied by an Educational Centre and a Hairdresser, demonstrating its suitability for commercial use.

In addition, the property includes a spacious 3-bedroom house with 2 bathrooms, a well-sized kitchen, dining room, TV room, and study. The residential section can continue to be used as a comfortable home or easily be converted into additional office space. The lounge can serve as a welcoming reception area, while the remaining rooms provide space for up to 5 private offices, offering exceptional flexibility.

The property currently has the potential to generate approximately R22,000 per month in rental income when all available rooms are occupied, with even greater earning potential depending on how the space is utilised.

Whether you''re expanding your business, seeking office space with residential accommodation, or looking for a high-potential investment property, this versatile Business 3 property offers endless possibilities in a sought-after commercial location.

Bidding to Start from R1 200 000mil Live Auction!

Do not miss this exceptional opportunity to make this remarkable property your own. Join us for the live auction, or submit an offer to stop the auction whether you are purchasing with cash or bond finance.

Registering to bid is simple, and for added convenience, online bidding and live streaming are also available.

The Harcourts Certified & Transparent Non-Distressed Auction Platform ensures a smooth and trustworthy buying experience. There are no buyer premiums, and all property reports, seller disclosures, and relevant documentation are available upon request.

The seller has chosen to market this property via Harcourts Auctions Non-Distressed Auction Platform, with a non-disclosed reserve price, creating an outstanding opportunity for serious buyers ready to secure exceptional value.