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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
- 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.
- Downstairs:
- 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.
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:
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
R27,495,000.00
Ad id #109
Prime Investment Opportunity in the Heart of Brits CBD For Sale
sale
Beds
5+
Baths
3
Sqft
3450
069********
Member Since
02 Years
Typically Replies In
Few Week
From
South Africa
Address
Brits, South Africa
Map is approximate to keep seller’s location private.
-
Posted
3 years ago
-
Updated
2 years ago
-
Views
915

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