NEW
Web Ref CL35014
POA
Selbourne House None None
On Auction 1 July-Secure Single-Tenant Office Investment | GAI ±R1.268 Million;
This prominently positioned commercial property comprises a two-storey office building with a Gross Lettable Area (GLA) of approximately 1 188m² situated on an erf measuring 1 620m² and zoned “Business 1”. The property is fully let to a single longstanding tenant who has occupied the premises for approximately seven years, generating a Gross Annual Income (GAI) of approximately R1.268 million.
Strategically located on a high-visibility corner opposite Toyota Stadium and the Loch Logan Waterfront, the property enjoys excellent exposure within one of Bloemfontein’s established commercial nodes.
The improvements comprise a well-maintained double-storey office building originally developed for retail use and currently configured and certified for office accommodation. The property offers excellent accessibility via 1st Avenue and Selbourne Avenue and provides ample parking facilities, including approximately 20 covered parking bays together with an additional 57 shade-net parking bays leased from the adjoining property.
The surrounding area forms part of the broader Bloemfontein CBD and benefits from strong commercial activity, proximity to government departments, educational institutions, retail amenities and major arterial routes including President Paul Kruger Drive and the N1 highway network.
This property presents an attractive opportunity for investors seeking a secure income-producing commercial asset underpinned by a longstanding tenant in a prime Bloemfontein location.
Contact broker for a detailed investor pack.
Strategically located on a high-visibility corner opposite Toyota Stadium and the Loch Logan Waterfront, the property enjoys excellent exposure within one of Bloemfontein’s established commercial nodes.
The improvements comprise a well-maintained double-storey office building originally developed for retail use and currently configured and certified for office accommodation. The property offers excellent accessibility via 1st Avenue and Selbourne Avenue and provides ample parking facilities, including approximately 20 covered parking bays together with an additional 57 shade-net parking bays leased from the adjoining property.
The surrounding area forms part of the broader Bloemfontein CBD and benefits from strong commercial activity, proximity to government departments, educational institutions, retail amenities and major arterial routes including President Paul Kruger Drive and the N1 highway network.
This property presents an attractive opportunity for investors seeking a secure income-producing commercial asset underpinned by a longstanding tenant in a prime Bloemfontein location.
Contact broker for a detailed investor pack.
Features
Building Name
Selbourne House
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
1,188m²
Land Size
1,620m²
