Commercial property for sale in Bellville Central

Description

PORTFOLIO DISPOSAL - Accepting Offers. Perfectly positioned large commercial building with GLA of ±1,956m² across 3 units • Buildings consist of Retail space, Office & Ablutions, Workshops, Warehousing and Storage areas • Driveway access points for loading and deliveries with roller shutter doors • Gross Income = ±R1,737,000pm • Net Income = ±R1,377,000pm • Current net yield = 10% • Tenant Mix = Midmar Liquors, Wholesaler & Workshop • 100% Occupied building, secured leases in place with longstanding established tenants. • Upcoming lease renewal periods (from 2027 - 2032), lease escalations = avg. 5%-7% p.a • 3 phased power supply (63A and 415V) with estimated kVA of 45 • Additional bulk available for redevelopment of up to 2,700sqm (estimated 6-7 floors height total) • Double volume ceilings, concrete cement blocks and steel beam structures, with metal... PORTFOLIO DISPOSAL - Accepting Offers. Perfectly positioned large commercial building with GLA of ±1,956m² across 3 units • Buildings consist of Retail space, Office & Ablutions, Workshops, Warehousing and Storage areas • Driveway access points for loading and deliveries with roller shutter doors • Gross Income = ±R1,737,000pm • Net Income = ±R1,377,000pm • Current net yield = 10% • Tenant Mix = Midmar Liquors, Wholesaler & Workshop • 100% Occupied building, secured leases in place with longstanding established tenants. • Upcoming lease renewal periods (from 2027 - 2032), lease escalations = avg. 5%-7% p.a • 3 phased power supply (63A and 415V) with estimated kVA of 45 • Additional bulk available for redevelopment of up to 2,700sqm (estimated 6-7 floors height total) • Double volume ceilings, concrete cement blocks and steel beam structures, with metal pitched roof sheets. • High traffic zone with plenty of footfall - Massive potential for advertising revenue via signage/billboards VAT applicable transaction. Ideal for redevelopment or keep as an investment. DETAILS: • Erf no: 10870, Bellville • Erf size: 1561m² • Zoning: General Business 4 DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing. Additional Features: - Wheelchair Access - Main Street - Road Frontage - Mixed Use Building Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#646281351","type":"c"}));

What we know about this property

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Portal facts

Price

POA

Erf Size

1 561 m²

Listing Date

07 August 2026

Listing Number

112754666

Rates and Taxes

R 9 304

Type of Property

Commercial Property