129 m² Commercial space in Westcliff

Dual Mandate

Investment Opportunity

Sectional Title Fully Tenanted

Please note that VAT is excluded from the advertised price and is payable by the purchaser in addition to the purchase price. The property may qualify for sale as a VAT-registered going concern, subject to the purchaser meeting the applicable statutory requirements and agreement between the parties.

Two medical suites in one of Hermanus'' most established healthcare hubs, currently configured as a single integrated medical practice. Unit 10 65m2 and Unit 14 64m2 are held under separate title deeds but currently function as one integrated practice, linked by an internal passage. This configuration provides exceptional long-term flexibility, allowing future owners to continue operating the premises as a single practice, occupy one or both suites, lease them independently, or ultimately sell them as two separate units.

Building

Located on the first floor, the suites are easily accessed by both lift and staircase, with dual access via Entrances B and C. The premises comprise a reception and patient waiting area, shared ablution facilities, five consulting rooms and a private kitchenette. A popular ground-floor coffee shop, offering both indoor and sheltered outdoor seating, provides a convenient amenity for patients, visitors and practitioners alike. Three private sheltered parking bays are allocated exclusively to Units 10 and 14.

Location

Arundel Medical Centre forms part of Hermanus'' established healthcare ecosystem, with the private Mediclinic Hermanus and Hermanus Provincial Hospital located directly across the street, PathCare, radiology and diagnostic services, pharmacies, specialist medical practices, the Hermanus Oncology Centre within easy walking distance, and a wide range of allied healthcare professionals. The centre itself is a well-maintained and professionally managed medical facility, offering controlled access, a secure environment, and generous on-site and public parking for both practitioners and patients. Together, these complementary facilities and services create a well-established referral network and professional synergy, making the precinct a convenient and highly regarded destination for both practitioners and patients.

Investment information

Fully leased investment

Immediate income from date of transfer

Lease secured until 30 November 2027

6 annual rental escalation

Backup generator serving the medical centre

Controlled access, professionally managed facility with generous on-site and public parking

A potential advantage to the purchaser is that the transaction may qualify as a zero-rated VAT transaction if sold as a going concern

Combining immediate rental income, annual escalations, secure tenure and the flexibility of two independently transferable units, this is a rare opportunity to secure a premium commercial asset in one of Hermanus'' most tightly held healthcare precincts.

A comprehensive Digital Due Diligence Pack is available to qualified purchasers upon request containing the following:

Current tenancy overview

Rental income schedule

Lease summary and key commercial terms

Rental escalation provisions

Operating cost responsibilities

Tenant covenant information

Property documentation and supporting due diligence

Contact us for more information or to arrange a private viewing.