Home  / CommercialMobile Homes / Brits / Prime Investment Opportunity in the Heart of Brits CBD For Sale

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:

    1. Location:
      • Situated within walking distance of Brits Magistrates Court, Madibeng Municipality, Brits Police Station, and other key attractions, offering convenience and accessibility.
    2. 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.
    3. 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.
    4. 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.
    5. 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.
    6. 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

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

  • Report

     Avatar of Benjamin Dube

    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.
    Safety Tips

    Buy and sell safely with Us !

    Read our Safety Tips
    • Posted

      3 years ago


    • Updated

      2 years ago


    • Views

      916