Property description

Exceptional Commercial Investment Opportunity in Mindalore

Presenting a distinguished commercial property situated on a prominent corner stand in the thriving suburban locale of Mindalore, Krugersdorp. This exceptional offering, zoned Business 2, represents a compelling acquisition for discerning investors seeking immediate returns and significant future development potential. With an expansive Erf Size of 800 sqm and a substantial Floor Size of 738 sqm, this property provides a robust foundation for diverse commercial operations.

The establishment currently boasts a multi-tenanted configuration, ensuring a consistent and attractive rental income stream. Esteemed tenants include a well-known pizza franchise, a convenient shopping store, and a popular local bar/pub, collectively generating an impressive monthly income of up to R70,000. This established tenancy profile underscores the property's stability and its integral role within the local community, offering a secure investment with proven profitability.

Beyond its immediate income-generating capabilities, this commercial asset offers considerable scope for expansion. The Business 2 zoning permits construction of up to three stories, presenting an invaluable opportunity to enhance the property's footprint and maximise its revenue potential. This flexibility allows for the introduction of additional commercial units or office spaces, catering to evolving market demands and securing long-term capital appreciation.

This is a rare opportunity to acquire a strategically located, income-producing commercial property with substantial growth prospects. We invite serious investors to arrange a private viewing to fully appreciate the extensive potential this asset holds.

Key Features

• Prime corner stand location in Mindalore
• Business 2 zoning with development potential up to 3 stories
• Multi-tenanted with established businesses (Pizza Perfect, convenience store, local bar/pub)
• Generates up to R70,000 per month in rental income
• Expansive 800 sqm Erf Size and 738 sqm Floor Size