Commercial space in White River Central

Prime Commercial Industrial Asset. Unlock Exceptional rental yield and versatile industrial capability with this prime commercial property in the heart of White Rivers. Perfectly configured for multi-tenant occupancy or an owner-occupier looking to offset costs with rental income, this building offers high-functionality workshop space, sub-metered utilities, and robust infrastructure.

Key Investment Highlights

High-Yield Multi-Tenant Structure: Designed to maximize rental income with three distinct operational sections Parts A, B, and C.

Strong Current Cash Flow: Anchor tenants already in place, including an established mechanic shop since 2023 and a newly signed lease through 2027, bringing immediate stability.

Significant Upside Potential: Part C 324 m² workshop Wendy house is currently vacant, offering an immediate value-add opportunity for an owner-occupier or an additional R22,900month in rental income.

Heavy-Duty Power Infrastructure: Equipped with 3-Phase Electricity 80 Amps across two separate supply lines, ideal for manufacturing, automotive, or heavy machinery operations.

Turnkey Compliance: Comes complete with a valid Electrical Certificate of Compliance C.O.C..

Property & Tenant Breakdown

Part A

Space: 368 m² Main Workshop 121 m² Covered Lean-to

Status: Long-term tenant since Nov 2023 currently month-to-month, keen to sign a new 1-year lease

Rental: R21,500 month Excl. VAT | Escalation: 8 p.a.

Part B

Space: 34 m² Store 206 m² Lean-to 64 m² Dedicated Spray Booth

Status: Fixed-term lease locked in from 01022026 to 31012027

Rental: R15,000 month Excl. VAT | Escalation: 10 p.a.

Part C Available Vacant

Space: 324 m² Main Workshop On-site Wendyhouse

Potential: Projected market rental of R22,900 month Excl. VAT perfect for immediate leasing or direct business use.

Streamlined Utility & Expense Recoveries

This property is designed for hassle-free management with direct tenant utility recoveries:

Prepaid Electricity & Water: Sub-metered via Mbombela with water reimbursements handled seamlessly through Water Watch.

Municipal Rates & Refuse: Business rates at R6,399.26month refuse fee R725.09 incl. VAT cleanly split across tenants.

Direct Service Fees: Tenants pay their own municipal service fees directly when purchasing electricity.

Contact Yvonne, your Pam Golding Agent, for a private viewing.