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Prime Investment Opportunity in the Heart of Brits CBD For Sale Gallery Image

Highlights

Property Type
Hostel
Heating
Yes
Cooling
Yes
Parking Space
2
Maintenance
15000
Built in
2022
Laundry
On Site
Solar
Yes

Overview

Purpose
Sale
Property Place
Commercial
Kitchen
5+
TV Lounge
1
Gas
Yes
Water Supply
Yes
School
Yes
Persons Can Live
250

Description Details

Prime Property Investment in Brits CBD: Fully Occupied, Energy-Efficient Building with Stable Income Stream and Development Potential, The property in the heart of Brits CBD offers a compelling investment opportunity with a range of features designed to attract long-term tenants and ensure operational efficiency. Here’s a breakdown of its key aspects:

Property Features:

Location:
- Situated within walking distance of Brits Magistrates Court, Madibeng Municipality, Brits Police Station, and other key attractions, offering convenience and accessibility.
Size and Building Space:
- Total ERF size of 6,677 sqm, with 3,450 sqm of rentable building space.
- Fully occupied by 49 long-term tenants, ensuring a stable income stream.
Energy Efficiency:
- Equipped with 120 solar panels on the rooftop, significantly reducing electricity usage.
- Pre-paid electricity meters for each tenant, with water charges based on office rental area.
Building Layout:
- Downstairs:
  - 15 shops with street access.
  - 8 office spaces.
  - Bathrooms with 10 female and 10 male ablution facilities.
  - Communal kitchen for approximately 16 employees.
  - Each shop and office space equipped with kitchenette or washing facilities.
- Upstairs:
  - Two colleges accommodating approximately 120 and 250 students respectively.
  - 19 additional office spaces, including 3 with reception desk areas.
  - Rooftop open area, cafeteria, and bathrooms with 6 female and 6 male ablution facilities.
  - Multiple shared kitchenette areas.
  - 90% of the space is drywalled, allowing for easy reconfiguration.
Additional Amenities:
- Hot water available in communal areas (kitchens, cafeteria, salon, bathrooms).
- Multiple air conditioning units across office spaces.
- Disconnected but operational elevator.
- Each office responsible for its own security (alarm systems and cameras).
- Night guard on duty, with secure access protocols at night.
Investment Potential:
- Detailed financials available for serious buyers.
- Promising returns from fully occupied rental spaces and stable tenant base.
- Opportunity for reconfiguration or future development to enhance returns.

Conclusion:

This property presents a prime investment opportunity in a strategic location within Brits CBD. With a diverse tenant mix, energy-efficient features, and versatile building layout, it promises long-term stability and potential for growth. For investors looking to capitalize on a well-maintained, income-generating property with future development potential, this opportunity offers substantial benefits. Prospective buyers are encouraged to inquire further and schedule a viewing to explore its full potential firsthand.

Detailed Video

Beds

Baths

Sqft

3450

Benjamin Dube

5.0

Website

069********

Member Since

02 Years

Typically Replies In

Few Week

From

Boats

Campers

Car

Clothes

Electronics

Home

Highlights

Property Type

Heating

Cooling

Parking Space

Maintenance

Built in

Laundry

Solar

Overview

Purpose

Property Place

Kitchen

TV Lounge

Gas

Water Supply

School

Persons Can Live

Description Details

Property Features:

Conclusion:

Detailed Video

R27,495,000.00

Prime Investment Opportunity in the Heart of Brits CBD For Sale

sale

Beds

Baths

Sqft

Benjamin Dube

02 Years

Few Week

South Africa

Address

Safety Tips

Posted

Updated

Views

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