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Commercial Property On Auction in Atlantis Central

  • Gross Lettable Area 4 473 m²
  • AUCTION
Auction: 39 Wesfleur Circle, Atlantis

The property boasts a current net annual income of R746,801 with projections showing substantial growth to a net annual income of R1,272,203. This impressive revenue comes from a variety of medical specialist tenants already operating within the facility. These include a diverse range of healthcare professionals, such as a dentist, psychologist, TB/HIV care services, gynecologist, pathology lab, dialysis center, ambulance service, and physiotherapists. These existing tenants contribute to a stable and reliable income stream, with opportunities to further enhance revenue through additional medical services. The medical center's location next to the Wesfleur Government Hospital provides a strategic advantage, offering high patient traffic and the potential for further expansion.

The facility also presents significant potential for growth, with four vacant office...

The property boasts a current net annual income of R746,801 with projections showing substantial growth to a net annual income of R1,272,203. This impressive revenue comes from a variety of medical specialist tenants already operating within the facility. These include a diverse range of healthcare professionals, such as a dentist, psychologist, TB/HIV care services, gynecologist, pathology lab, dialysis center, ambulance service, and physiotherapists. These existing tenants contribute to a stable and reliable income stream, with opportunities to further enhance revenue through additional medical services. The medical center's location next to the Wesfleur Government Hospital provides a strategic advantage, offering high patient traffic and the potential for further expansion.

The facility also presents significant potential for growth, with four vacant office spaces, a radiology suite, and a licensed operational theatre available for additional income generation. There is the opportunity to expand the business to accommodate up to 400 patients per month, including the addition of a 24-hour emergency service and an X-ray department. This added capacity can help capture more market share in the region, providing vital services to an underserved population. Moreover, the sale includes all major medical equipment necessary for daily operations, ensuring a turnkey investment for potential buyers. Being the only private day clinic in Atlantis, this healthcare hub is uniquely positioned to cater to the local community’s needs while also having ample room for further growth and service diversification.

Township: Wesfleur

Erf Number: Erf 11563

Erf Size: 4,473m²

Total GLA: 1,782m²

VAT Registered: Yes

Municipal Information:

Municipality: City of Cape Town

Monthly Rates: ± R7,296

Title Deed Information:

Number: 

ST19174/1996

ST19176/1996

ST19177/1996

ST19178/1996

ST19179/1996

ST19180/1996

Registration Date: 2018/10/26

Municipal Area: City of Cape Town

Listing number: P24-115146578, Image number: 1, Hero Image
Listing number: P24-115146578, Image number: 2, External Image
Listing number: P24-115146578, Image number: 3, External Image
Listing number: P24-115146578, Image number: 4, External Image
Listing number: P24-115146578, Image number: 5, External Image
Listing number: P24-115146578, Image number: 6, External Image
Listing number: P24-115146578, Image number: 7, External Image
Listing number: P24-115146578, Image number: 8, External Image
Listing number: P24-115146578, Image number: 9, External Image
Property Overview
Listing Number
115146578
Type of Property
Commercial Property
Listing Date
30 October 2024
Availability Date
19 February 2025
Floor Size
4473 m²
Zoning
Mixed Use
Building Name
Wesfleur Private Clinic, 39 Wesfleur Circle, Atlantis
Gross Lettable Area
4473 m²
Green Building
No
Building Grading
P Grade
Multi Tenanted
No
Standalone Building
No
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Auction Details

13 March 2025, 12:00
King David Mowbray Golf Club, Cape Town
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