Investment Opportunity: Dual-Tenant Commercial/Industrial Property
This well-located commercial and industrial property offers an attractive investment with dual-income potential. The site comprises two distinct sections under separate tenancies, providing flexibility for an owner-occupier or investor. Total lettable area exceeds 820 m² (excluding the lean-to), with established infrastructure suited to automotive, light industrial, warehousing, or related commercial uses.
Property Overview
The property is divided into a front section and a rear section, with paved frontage and independent access points.
Front Section – 313 m²
• Ideal for automotive or light industrial use
• 2 offices
• Reception and waiting area
• Small kitchen and toilets
• 6 industrial roll-up doors
• 2 vehicle lifts
• Paved outdoor area
Back Section – 508 m² + 141 m² lean-to
• Secure, established tenancy
• 2 offices
• 2 store rooms
• Kitchen, toilets and ablution facilities
• 1 industrial roll-up door
• Lean-to structure providing additional covered space
Current Tenancy & Income
• Front: Rent: R20,000 per month (excl. VAT).
• Back: Rent: R20,611.40 per month (excl. VAT).
Both tenancies carry an 8% annual escalation. Standard lease term is one year. Combined current rental income R40,600 per month exclusive of VAT.
Utilities, Rates & Services
• 3-phase electricity (50 amps) with CITIQ pre-paid meters.
• Water via Silulumanzi metered system.
Location Advantages
Situated on Bester Street in Nelspruit (Mbombela), the property benefits from good accessibility within a commercial/industrial node, making it suitable for businesses requiring workshop, storage, and office facilities with vehicle access.
This is a solid income-producing asset, Ideal for an investor seeking dual cash flow or an owner-operator looking for a functional industrial premises with surplus income from the tenancy.
Property Overview
The property is divided into a front section and a rear section, with paved frontage and independent access points.
Front Section – 313 m²
• Ideal for automotive or light industrial use
• 2 offices
• Reception and waiting area
• Small kitchen and toilets
• 6 industrial roll-up doors
• 2 vehicle lifts
• Paved outdoor area
Back Section – 508 m² + 141 m² lean-to
• Secure, established tenancy
• 2 offices
• 2 store rooms
• Kitchen, toilets and ablution facilities
• 1 industrial roll-up door
• Lean-to structure providing additional covered space
Current Tenancy & Income
• Front: Rent: R20,000 per month (excl. VAT).
• Back: Rent: R20,611.40 per month (excl. VAT).
Both tenancies carry an 8% annual escalation. Standard lease term is one year. Combined current rental income R40,600 per month exclusive of VAT.
Utilities, Rates & Services
• 3-phase electricity (50 amps) with CITIQ pre-paid meters.
• Water via Silulumanzi metered system.
Location Advantages
Situated on Bester Street in Nelspruit (Mbombela), the property benefits from good accessibility within a commercial/industrial node, making it suitable for businesses requiring workshop, storage, and office facilities with vehicle access.
This is a solid income-producing asset, Ideal for an investor seeking dual cash flow or an owner-operator looking for a functional industrial premises with surplus income from the tenancy.
Monthly Rates
R10,106
Features
Zoning
Interior
Sizes
Additional Amenities
Listing Info
Print
Charlie Gericke
Candidate Property Practitioner
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
