This prime commercial property, situated in a bustling business zone, offers an exceptional opportunity for savvy investors or entrepreneurs looking to expand their portfolios. Spanning an impressive stand size of 1,257 m² with a total under-roof area of 788.73 m², this expansive property is divided into two sections seamlessly connected by a large roller door, offering flexibility and functionality.
Each side is thoughtfully designed with its own reception area, bathrooms, a kitchen, multiple storerooms, and a spacious workshop, catering to various business needs. The property boasts gated entrances on both sides, ensuring ease of access and enhanced security. Inside the premises, additional gated areas provide controlled spaces for operations or storage, while ample parking in front of the building accommodates clients or employees conveniently.
This property also presents an ideal rental income opportunity, with one side currently tenanted and generating a monthly income of approximately R31,000. The lease arrangement is on a month-to-month basis, offering potential for immediate returns while allowing flexibility for future planning. Whether you’re seeking a high-yield investment or a strategic business location, this property has the versatility and potential to meet your needs.
Don’t miss the chance to secure this premium commercial space in a prime location. Act now and unlock its full potential.
The majority of the Witbank property for sale landscape is dominated by traditional “freehold” or full title properties, which make up some 87% of the composition according to recent Lightstone property reports. The remainder of the market is made up of residential Witbank estates (around 8%), and sectional title units (townhouses, flats and apartments) comprising around 5%.
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
