Freestanding car stand with offices situated on a prominent corner on the R104, within a 5km radius of the N1 and N4 interchange. This is a prime corner in an established business node with excellent exposure and high visibility!
On the property there are space for ±20 cars, one large open plan office, 3 x private offices, a kitchen, bathrooms, a stoep, 1 x extra length garage, storage, staff room, staff ablution, strong borehole and an Avo tree. The CCTV system is included.
Rates & Taxes: ± R2306.38 p/m
POTENTIAL: Motor Vehicle Sales Stand, Workshops, Vehicle / Trailer Rentals, Consulting / Clerical Offices, Professional Offices or Showrooms.
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SPECIAL ZONING |
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Uses Permitted Offices and/ or vehicle sales mart and/ or one dwelling-house. |
50% Coverage 2 Storeys (Height) |
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OFFICES: Means land and buildings or part of a building used for professional, clerical, administrative, management, marketing and consulting services, but excludes a call centre, security and emergency response vehicles, courier services in post, parcels and money. |
VEHICLE SALES MART: Means land, with or without ancillary buildings, used for the display and / or sale of cars, trucks, motor cycles, agricultural implements, caravans, boats, tractors and trailers which are roadworthy and of good outward appearance, and may also include the hiring of vehicles as an ancillary use but excludes a motor dealership and a panel-beater. |
Silverton is an established suburb located within the Pretoria East area. Silverton hosts a range of commercial and industrial properties.
Neat bachelor flat on the first floor, well located in Montana. Easy access onto Sefako Makgatho (Zambezi Drive), N1 and N4 main roads. Public transport is walking distance from main gate. Nearby attractions: The Kolonnade Mall, Montana Hospital, Wonderboom Airport and Virgin Active Gym.
It offers one secure undercover parking, visitors parking and 24-Hour security at the gate.
Property Details:
- · Open Plan Living / Bedroom / Kitchen
- · Bathroom
- · Washing machine connection in bathroom
- · 24-Hour Security
- · 1 Undercover Parking
Prepaid Electricity.
The property is currently vacant.
Rates & Taxes ± R69.60 p/m
Levies ± R814.77 p/m
POTENTIAL: Hardware / Wholesale / Mechanic / Agricultural Services
LOCATION – This is a prime stand of 8,56Ha located on the R513 Zambesi Road, 5km from the N1 Highway and a 20min drive to the Pretoria Central Business District. A proposed commercial / business development at the corner of the R513 and Kameelfontein Road. There is a 68Ha Eco Estate (The Roodepark Eco Estate) under development across the road.
These new developments all contribute to the fact that this is a growing and expanding node.
There are high volumes of traffic passing by this property each day.
Located near numerous well-known shopping centres, schools, main roads and tourist attractions.
Easy access onto the N1 North and N1 South
± 13 Minutes from Kolonnade Retail Park
± 10 Minutes from AROS Private College
This is a great combination of living and working with both full title erven and sectional title or high-density units. The site layout plan has been done that includes Residential, Duet, Group Housing, Special Zoning and Business & Industrial erven all on one site.
SPECIAL: BUSINESS / INDUSTRIAL: 4 Erven / Units – Usage: Builders Yard, Services Industries, Commercial Use, Warehouse, Business Premises, Industrial Buildings
SPECIAL: HOME OFFICE: 4 Erven / Units – Usage: Creche, Residential with Offices
RESIDENTIAL: 43 Erven / 43 Units – Usage: Dwelling Unit/s
DUET: 11 Erven / 25 Units – Usage: Dwelling Unit/s
GROUP HOUSING: 3 Erven / 51 Units – Usage: Dwelling Unit/s, Residential Building, Retirement Village
Suggestions include: Retirement Village, Creche, Offices, Business Premises and Industrial Buildings.
Rates & Taxes ± R1500 p/m
It is well known that Montana and Zambesi are expanding at a rapid pace! The residential and more high-density nodes are expanding together with the businesses more towards the east. Mamelodi is almost at a capacity and is expanding more to the North. This is the time to develop in this area!
TSHWANE REGIONAL SPATIAL DEVELOPMENT FRAMEWORK
Region 5 – “The southern boundary of the region experiences great development pressure especially in the Kameeldrift and Derdepoort area.” AND “Pressure for densification within the rural areas, especially in the Roodeplaat area.”
Tourism – Most of the eco-tourism activities occur along the Roodeplaat Dam which is situated in the north of Cullinan (Sefako Makgatho) Road.
Population – The rural population is approximately 15 000 people, excluded are informal settlements. The largest concentration of people in the rural areas is in the south western quadrant, close to Roodeplaat Dam where a population density of 1,6 persons/ha is indicated.
Pristine condition accommodation facility offering 147 living units located on Nelson Mandela Drive, Secunda. Property is very centrally located as per map below, near schools, shopping centers and all amenities. The versatile property has great infrastructure and facilities in place that can be widely used for a number of different uses.
This property is well-maintained and well-kept. It has been successfully operated and run by a corporate client for the past ±30 years, offering the accommodation at a discounted rate to their staff.
The property has been partly renovated with additional accommodation recently built.
Great security and access controlled.
Renting these units and rooms to private individuals will generate a much higher (market-related) rental-income per month as there is a great demand for affordable accommodation in Secunda.
Property Description:
147 LIVING UNITS (7 x Free-Standing Buildings)
- MAIN BUILDING
- 100 Rooms with Built-in-Cupboards and a Basin
- 19 Bachelor’s Flats (ground floor, own shower, toilet & kitchenette)
- Each floor has its own modern communal kitchen and ablution (renovated)
- ADDITIONAL BUILDINGS:
- 27 Spacious One-Bedroom Flats (Kitchen, Lounge / Dining Area, Bedroom & Bathroom) + 3 of these units have their own private courtyards
- 1 Spacious Two-Bedroom Flat (Private Courtyard, Kitchen, Lounge / Dining Area, 2 Bedrooms & Bathroom)
- Newy built with good security
- Each flat has its own designated garage
- Communal braai and relaxation area
- Whole facility is fully enclosed with steel palisade and access-controlled boom gate
- 90 Parking Bays: 32 Open Parkings / 58 Underroof Parkings
- Additional: 60 Garages / Storage Units
CURRENT INCOME
All leases are on a month-to-month basis
Main building, rooms: R 1 622.00 per month (100 units)
Main building, bachelor’s flats: R 3 137.00 per month (19 flats)
One-bedroom flats: R 4 500.00 per month (27 flats)
Two-bedroom flat: R 4 500.00 per month (1 flats)
Water included in monthly rental.
Electricity is pre-paid except main building.
RENTAL INCOME BREAKDOWN
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Units |
Description |
Unit Rent p/m |
Total |
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100 |
Main Building Rooms |
R1 622,00 |
R162 200,00 |
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27 |
One Bedroom Flats |
R4 500,00 |
R121 500,00 |
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1 |
Two Bedroom Flat |
R4 500,00 |
R4 500,00 |
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19 |
Bachelor Flats |
R3 137,00 |
R59 603,00 |
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1300sqm |
Kitchen / Storage / Lounge |
R15 / sqm |
R19 500,00 |
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500sqm |
Laundry |
R30 / sqm |
R15 000,00 |
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Total Monthly Rental Income |
R 382 303,00 |
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Gross Annual Rental Income |
R 4 587 636,00 |
POTENTIAL ADDITIONAL INCOME PER MONTH
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Units |
Description |
Unit Rent p/m |
Total |
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60 |
Storage / Garages |
R450,00 |
R27 000,00 |
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Annual Rental Income |
R324 000,00 |
EXPENDITURE BREAKDOWN
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Description |
Total |
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Insurance |
R 13 333,33 p/m |
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Rates & Levies |
R26 310,00 p/m |
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Maintenance Provision |
R30 00,00 p/m |
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MONTHLY EXPENSES |
R 69 643,33 |
ALTERNATIVE INCOME-GENERATING OPPORTUNITIES:
- Convert this facility into a proper INCOME-GENERATING PROPERTY!
- Full lodging, offering breakfast, lunch and dinner to guests
- Conference center can be rented out
- Catering: Industrial kitchen can be used to prepare meals on order
- Laundromat
- Storage Units / Garages
- Chef School
- Corporate Accommodation
- Training Facility
- Could also be perfect for rehabilitation centres, Alzheimer facilities, special schools
Easy to convert as the facilities are in top notch. Numerous options include Retirement Village, Frail Care Centre and a Drug Clinic just to name a few. The facilities and infrastructure are in place with the industrial kitchen, communal laundry, offices, storage and ample accommodation to run a successful facility.
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