Commercial Property For Sale in Bedfordview

Property description

This premier commercial asset located in the heart of Bedfordview, offers a rare value-add opportunity for the sophisticated investor combining immediate yield with massive repositioning potential. Offered at R26,800,000.00 (Excl. VAT)
Architectural Configuration: The property is strategically divided into three blocks comprising 15 self-contained units.
Each unit is uniquely designed for autonomy, featuring:
• Private Kitchen facilities in every suite.
• Dual Bathrooms (Male/Female).
• Plus 2 Integrated Showers—a significant Capex advantage for residential conversion.
• Electrical meter per unit

Investment Stability & Potential
- 80% Current Occupancy: Enjoy immediate rental income from a stabilized tenant base.
- Every 100 m2 of the remaining vacancy leased adds approximately R1.2M in capital value.
- The 15-unit layout is ideal for registering a Sectional Title scheme for individual retail sell-off.

Security & Infrastructure
• Parking Excellence: A total of 104 parking bays (62 basement and 42 open) provides one of the highest parking-to-GLA ratios in the area.
• Eco-Security: The property features 24-hour security and electric fencing, bolstered by 24-hour solar-powered perimeter lighting for uninterrupted safety.

Location Advantage Positioned with exceptional highway branding visibility and immediate access to major arterial routes.