NO TRANSFER DUTY
Government-Tenanted Commercial Building with Retail - On Auction 07 May 2025
Prime Government-Tenanted Commercial Building for Sale
This exceptional government-tenanted commercial building offers a unique investment opportunity, strategically located in the heart of Oudtshoorn. With 85% occupancy, this property boasts a gross annual income of R1,363,552.08, making it an attractive, income-generating asset.
Anchored by the Department of Correctional Services, one of the key government tenants, the building ensures stability with long-term leases in place. The ground floor is fully let to a variety of retail businesses, providing a robust income stream from a well-established retail base.
As one of the tallest buildings in Oudtshoorn, this property commands attention and prominence in the area. It enjoys an unbeatable location, situated directly next to the police station and just across from the post office, both high-traffic public institutions that enhance the building’s visibility and accessibility.
Key Features:
- Gross Lettable Area (GLA): 1,734 m²
- Fully Let Retail Ground Floor with strong income potential
- Ample Covered, Secure Parking for tenants and customers
- Prominent Location next to the police station and opposite the post office
- Anchor Tenant: Department of Correctional Services and SARS
- 85% Occupancy with a strong mix of tenants
This exceptional government-tenanted commercial building offers a unique investment opportunity, strategically located in the heart of Oudtshoorn. With 85% occupancy, this property boasts a gross annual income of R1,363,552.08, making it an attractive, income-generating asset.
Anchored by the Department of Correctional Services, one of the key government tenants, the building ensures stability with long-term leases in place. The ground floor is fully let to a variety of retail businesses, providing a robust income stream from a well-established retail base.
As one of the tallest buildings in Oudtshoorn, this property commands attention and prominence in the area. It enjoys an unbeatable location, situated directly next to the police station and just across from the post office, both high-traffic public institutions that enhance the building’s visibility and accessibility.
Key Features:
- Gross Lettable Area (GLA): 1,734 m²
- Fully Let Retail Ground Floor with strong income potential
- Ample Covered, Secure Parking for tenants and customers
- Prominent Location next to the police station and opposite the post office
- Anchor Tenant: Department of Correctional Services and SARS
- 85% Occupancy with a strong mix of tenants
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
1,734m²
Land Size
1,991m²
