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POA

Commercial Property On Auction in Arcadia

  • Floor Size 3 421 m²
  • AUCTION
Prime Commercial Property with Re-development Potential

Extent: +/- 6 664 sqm | GLA: +/- 3 421 sqm | High-visibility location | Prime street frontage | Multi-tenanted | Excellent transport access

This multi-tenanted commercial property offers consistent rental income while presenting an exceptional opportunity for re-development. Located in a high-visibility area with good exposure, the property holds tremendous potential for a wide range of development projects.

Key Features:

? Highly Visible Location: Positioned in a high-traffic area, ideal for warehousing, manufacturing, workshops, or mixed-use development with ample street frontage.

? Multi-Tenanted: Currently leased to multiple tenants, providing a stable cash flow and a solid foundation for future redevelopment.

? Gross Lettable Area: Approx. 3,421 square meters of flexible space, perfect for adapting to various commercial or industrial uses.

? Land Extent:...

Extent: +/- 6 664 sqm | GLA: +/- 3 421 sqm | High-visibility location | Prime street frontage | Multi-tenanted | Excellent transport access

This multi-tenanted commercial property offers consistent rental income while presenting an exceptional opportunity for re-development. Located in a high-visibility area with good exposure, the property holds tremendous potential for a wide range of development projects.

Key Features:

? Highly Visible Location: Positioned in a high-traffic area, ideal for warehousing, manufacturing, workshops, or mixed-use development with ample street frontage.

? Multi-Tenanted: Currently leased to multiple tenants, providing a stable cash flow and a solid foundation for future redevelopment.

? Gross Lettable Area: Approx. 3,421 square meters of flexible space, perfect for adapting to various commercial or industrial uses.

? Land Extent: Approx. 6,664 square meters of prime land, offering ample room for expansion or complete redevelopment.

? Transport Accessibility: Convenient access to major transport networks, ensuring excellent connectivity for both tenants and visitors.

? Vacant Silos: The existing vacant silos present a unique opportunity to either bring them back into operational use or to transform them into commercial assets, residential units, or even a student village, capitalizing on the growing demand for flexible living spaces.

? Electricity Supply: There is a 500KVA transformer feeding a 250amp circuit breaker, as well as a further 500kva and a 1000kva transformer that is currently not in use.

This property is an ideal investment for developers seeking to unlock the full potential of a well-positioned, multi-tenanted building with great redevelopment potential.

Don’t miss the chance to turn this prime site into a sought-after commercial asset.

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Property Overview
Listing Number
115576654
Type of Property
Commercial Property
Street Address
Listing Date
13 February 2025
Floor Size
3421 m²
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Auction Details

18 March 2025, 11:00
Mount Edgecombe Country Club
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