SEPTEMBER AUCTION | Building | Enchères
GLA ±1 200 m² | Zoned Business 1| Monthly Rental Income +- R98k
Prime CBD office block/student accommodation conversion opportunity(potential for ±55–60 student beds). Currently occupied on a month to month lease by Legal Aid SA(+-R98k pm).
• Gross lettable area: ±1 200 m² across four storeys • Zoning: Business 1 — permits a wide range of uses including: hotels, guest houses, restaurants/places of refreshment, shops, business premises, dwelling units, residential buildings, places of amusement, places of worship, educational/instructional facilities etc...
• Proximity to key institutions:
o 700 m to Sol Plaatje North Campus o 800 m to Sol Plaatje Central Campus o 2.2 km to Sol Plaatje South Campus o Walking distance to other SPU facilities, TVET colleges and next door to Boston City Campus • Parking: Secure public parking can be leased directly from Bemcorp, located across the road along Sidney Street • Amenities: Surrounded by government offices, courts, retail outlets, restaurants, cafés, takeaways, and essential services — all within easy walking distance • Transport: Excellent access to public transport routes serving the Kimberley CBD and surrounding suburbs • VAT registered seller — opening the way for a potential zero-rated transaction to qualifying purchasers
Contact the broker for a comprehensive investor pack.