PRIME COMMERCIAL PROPERTY: OFFICES & SHOW STAND - THREE RIVERS, VEREENIGING

IDEAL FOR OFFICES / CONSULTING / SHOW STAND OR TRAINING FACILITY
 
This property is located in the very busy Three Rivers CBD, which enjoys high traffic volumes and has the benefit of being surrounded by well-established businesses.
 
Three Rivers is easily accessible via a network of main routes that allow easy access to all surrounding suburbs, which includes the R59.
 
The property is zoned Special – Office Purposes and has excellent investment potential with ample business opportunities. The total General Letting Area (G.L.A) is 600sqm and a covered Show Stand of 500sqm. It is possible, in the current configuration, to accommodate 3 tenants for offices and 1 tenant for the show stand.
 
This property lends itself to integrated Short Term Serviced Offices / Boardrooms that can be let hour by hour / day by day. This gives this property an excellent investment opportunity to a owner and partial occupier of the property.
 
The building has excellent exposure on a busy street. Due to the fact that the property is a corner stand, if could be possible to have 2 entrances to the property. There is ample secure covered and open parking on the site.
 
The property consists of a double-story commercial building in addition to a second separate single storey building as well as a Show Stand structure facing the busy street. The Show Stand can easily be converted into a Storage / Warehouse facility.
 
The site has been equipped with a fiber internet connection, and 3-phase electricity with a separate meter for each section. The water is a bulk water reading which is billed according to the PQ.
 
Communal outside area with Lapa and Braai facilities available for all tenants on-premises to use.
 
The current monthly rental is ±R15 000.00 per month, on a month-to-month contract. The current lease can be extended for an additional 5 years, alternatively, the seller/tenant will vacate if the purchaser wants vacant occupation.
 
PROPERTY DESCRIPTION:
 
MAIN BUILDING – GROUND FLOOR
• Reception Area
• 7 x Offices
• Board Room
• Kitchen
• 2 x Toilets
 
MAIN BUILDING – 1ST FLOOR
• Separate Entrance
• Open Plan Office
• 4 Offices (Dry Walling)
• Kitchen
• 2 x Toilets
 
SECOND BUILDING
• Reception Area
• 5 x Offices
• Board Room
• 2 Kitchens
• 2 x Toilets
 
FEATURES
• Show Stand (500sqm)
• Ample & Secure Parking Bays
• 3 - Phase Electricity
• Separate Electricity Meters
• Entertainment Area - Lapa & Braai

Additional Info

  • Address: 18 ATHLONE DRIVE, THREE RIVERS, VEREENIGING
  • Auction Address: This Auction will take place on site.
  • Auction Date: Tuesday, 28 May 2024
  • Time Auction Starts: 11h00
  • Contact Person: Pieter Nel
  • Phone: 084 8800 165

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