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Commercial Property For Sale in Nelspruit Central, Nelspruit

Nelspruit Central, Nelspruit
R 20100000
RunningCosts Bond
Costs
Property Type Commercial
Erf Size 3799 m2
Levies R 0
Listing Date May 04, 2025
Floor Size 3163 m2
Rates and Taxes R 27000
Details
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Street view
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Property description

A well-positioned mixed-use commercial property in the heart of Nelspruit, highly visible from two main streets.
It will be selling as a going concern
The property spans two stands, totaling 3,163m² of land, with a lettable area of 3,799m² plus an enclosed 300m² yard. The building comprises retail shops, offices, and warehouse space, all within walking distance of major public transport hubs and surrounded by a vibrant local business environment. The mixed-use property offers flexibility: ideal for retail, office, or warehousing. It is income-producing with current tenants in place and an opportunity to increase returns.

TOTAL RENTAL INCOME (EXCL. VAT) with flexible letting options:
- Total Monthly Gross Income: R126,882.61
- Annual Income (Excl. VAT): R1,522,591.32
- Estimated Net Operating Income: R1,197,970.56

Tenant Mix: Restaurant, Hairdresser, Warehouses of 2,417m²+, Secure enclosed yard and offices.

EXPENSES:
- Municipal Rates & Refuse: R27,000/month (R324,620/year)

Please contact me to view the premises.

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