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Web Ref PC242
AMAZING COMMERCIAL INVESTMENT OPPORTUNITY
Asking Price: R70,000,000 excluding VAT
A Substantial Commercial Investment with Existing Rental Income and Future Development Potential
An exceptional opportunity to acquire a substantial multi-storey commercial property in Laudium, Pretoria. Offering approximately 8,212 m² of lettable floor space, existing rental income and a versatile commercial zoning profile, this property presents an attractive opportunity for investors, business owners and developers looking to secure a sizeable commercial asset.
The property is approximately 80% occupied, offering an established rental base with potential to improve occupancy and maximise future rental returns.
PROPERTY OVERVIEW:
-Asking Price: R70,000,000 excluding VAT.
-Main Erf Size: Approximately 3,355 m².
-Total Lettable Area: Approximately 8,212 m².
-Additional Land: Approximately 4,000 m² situated opposite the property.
-Parking: Additional parking facilities included in the offering.
-Current Occupancy: Approximately 80%.
-Zoning: Retail, Offices and Industrial.
-Sale Structure: May be sold as a going concern.
ZONING AND COMMERCIAL OPPORTUNITIES
The property's existing zoning for retail, offices and industrial use offers flexibility for a range of commercial activities, subject to the applicable zoning conditions and municipal requirements.
Potential uses may include:
-Retail and commercial operations.
-Office accommodation and professional businesses.
-Industrial and related business activities.
-Multi-tenant commercial leasing..
-An investment property with opportunities to improve occupancy and rental performance.
The combination of different permissible commercial uses may appeal to investors seeking a diversified commercial property rather than a single-purpose asset.
ADDITIONAL LAND AND FUTURE DEVELOPMENT POTENTIAL
An additional land parcel of approximately 4,000 m² opposite the main property, together with the associated parking facilities, adds further potential to the investment opportunity.
The additional land may present an opportunity for future development or rezoning, subject to confirmation of the applicable land-use rights, ownership and municipal approvals.
Residential redevelopment has not been confirmed as approved. Any residential conversion or development would require the relevant rezoning applications and municipal approvals before it could proceed.
INVESTMENT POTENTIAL
-With approximately 80% occupancy, the property offers an existing rental-income base and potential for further optimisation through leasing the remaining available space.
-An investor may explore opportunities to:
-Increase occupancy and strengthen rental income.
-Review and optimise the tenant mix.
-Manage leases and rental escalations to support long-term returns.
-Explore suitable future development opportunities, subject to approvals.
-Acquire the asset through a potential going-concern transaction.
The current rental roll, operating expenses, lease information and other supporting documentation can be made available for interested and suitably qualified buyers to assess the investment in greater detail.
PROPERTY CONDITION AND DOCUMENTATION
No known structural defects or significant maintenance issues have been reported by the seller.
Supporting documentation, including available rental information, operating expense breakdowns, building plans and zoning documentation, can be requested for due diligence.
AN OPPORTUNITY FOR THE RIGHT INVESTOR
This is a substantial commercial property offering scale, multiple commercial-use possibilities, existing occupancy and additional land that may provide future opportunities.
At an asking price of R70 million excluding VAT, it is an opportunity worth considering for established property investors, commercial property funds, business operators and developers looking to expand their portfolios in Pretoria.
Contact me today for further information, supporting documentation or to arrange a viewing.
A Substantial Commercial Investment with Existing Rental Income and Future Development Potential
An exceptional opportunity to acquire a substantial multi-storey commercial property in Laudium, Pretoria. Offering approximately 8,212 m² of lettable floor space, existing rental income and a versatile commercial zoning profile, this property presents an attractive opportunity for investors, business owners and developers looking to secure a sizeable commercial asset.
The property is approximately 80% occupied, offering an established rental base with potential to improve occupancy and maximise future rental returns.
PROPERTY OVERVIEW:
-Asking Price: R70,000,000 excluding VAT.
-Main Erf Size: Approximately 3,355 m².
-Total Lettable Area: Approximately 8,212 m².
-Additional Land: Approximately 4,000 m² situated opposite the property.
-Parking: Additional parking facilities included in the offering.
-Current Occupancy: Approximately 80%.
-Zoning: Retail, Offices and Industrial.
-Sale Structure: May be sold as a going concern.
ZONING AND COMMERCIAL OPPORTUNITIES
The property's existing zoning for retail, offices and industrial use offers flexibility for a range of commercial activities, subject to the applicable zoning conditions and municipal requirements.
Potential uses may include:
-Retail and commercial operations.
-Office accommodation and professional businesses.
-Industrial and related business activities.
-Multi-tenant commercial leasing..
-An investment property with opportunities to improve occupancy and rental performance.
The combination of different permissible commercial uses may appeal to investors seeking a diversified commercial property rather than a single-purpose asset.
ADDITIONAL LAND AND FUTURE DEVELOPMENT POTENTIAL
An additional land parcel of approximately 4,000 m² opposite the main property, together with the associated parking facilities, adds further potential to the investment opportunity.
The additional land may present an opportunity for future development or rezoning, subject to confirmation of the applicable land-use rights, ownership and municipal approvals.
Residential redevelopment has not been confirmed as approved. Any residential conversion or development would require the relevant rezoning applications and municipal approvals before it could proceed.
INVESTMENT POTENTIAL
-With approximately 80% occupancy, the property offers an existing rental-income base and potential for further optimisation through leasing the remaining available space.
-An investor may explore opportunities to:
-Increase occupancy and strengthen rental income.
-Review and optimise the tenant mix.
-Manage leases and rental escalations to support long-term returns.
-Explore suitable future development opportunities, subject to approvals.
-Acquire the asset through a potential going-concern transaction.
The current rental roll, operating expenses, lease information and other supporting documentation can be made available for interested and suitably qualified buyers to assess the investment in greater detail.
PROPERTY CONDITION AND DOCUMENTATION
No known structural defects or significant maintenance issues have been reported by the seller.
Supporting documentation, including available rental information, operating expense breakdowns, building plans and zoning documentation, can be requested for due diligence.
AN OPPORTUNITY FOR THE RIGHT INVESTOR
This is a substantial commercial property offering scale, multiple commercial-use possibilities, existing occupancy and additional land that may provide future opportunities.
At an asking price of R70 million excluding VAT, it is an opportunity worth considering for established property investors, commercial property funds, business operators and developers looking to expand their portfolios in Pretoria.
Contact me today for further information, supporting documentation or to arrange a viewing.
Features
Zoning
Commercial
Exterior
Security
No
Parking Bays
Open Parkings
200
Sizes
Floor Size
8,212m²
Land Size
7,355m²
Zander Maree
Candidate Property Practitioner Registered with PPRA(FFC 1244164) Show number View my listings WhatsApp