NEW
Web Ref CL34811
ON AUCTION 10 SEPTEMBER 2025 - HIGH STREET RETAIL
ON AUCTION 10 SEPTEMBER 2025 - HIGH STREET RETAIL
This prime commercial property is located on Steve Biko Road, the main route into Gezina, ensuring extremely high traffic volumes and excellent visibility. Zoned Business 1, the property features four fully let retail and business spaces, currently occupied by a car parts shop, bedding and mattress store, engineering company, and pool bar. The only vacancy is office space on the second floor, which was previously used as apartments and can either be leased or converted back into residential units.
The property spans an erf size of 2,552 m², offering approximately 2,200 m² of leasable space in total. It generates a gross annual income of around R1 430 000, with additional upside potential from letting the vacant offices. This combination of secure existing income and redevelopment opportunities makes it a strong investment prospect.
Gezina is a well-established commercial and residential hub in Pretoria, known for its vibrant business activity and convenient access to key amenities. The area boasts a strong mix of retail outlets, service providers, schools, and medical facilities, attracting consistent foot and vehicle traffic. Its central location and active community make it a sought-after destination for both businesses and residents.
KEY FEATURES:
- LOCATED ON MAIN ROAD
- GAI : +- R1 430 000
- ZONING: BUSINESS 1
- GLA : +-2200 SQM
This prime commercial property is located on Steve Biko Road, the main route into Gezina, ensuring extremely high traffic volumes and excellent visibility. Zoned Business 1, the property features four fully let retail and business spaces, currently occupied by a car parts shop, bedding and mattress store, engineering company, and pool bar. The only vacancy is office space on the second floor, which was previously used as apartments and can either be leased or converted back into residential units.
The property spans an erf size of 2,552 m², offering approximately 2,200 m² of leasable space in total. It generates a gross annual income of around R1 430 000, with additional upside potential from letting the vacant offices. This combination of secure existing income and redevelopment opportunities makes it a strong investment prospect.
Gezina is a well-established commercial and residential hub in Pretoria, known for its vibrant business activity and convenient access to key amenities. The area boasts a strong mix of retail outlets, service providers, schools, and medical facilities, attracting consistent foot and vehicle traffic. Its central location and active community make it a sought-after destination for both businesses and residents.
KEY FEATURES:
- LOCATED ON MAIN ROAD
- GAI : +- R1 430 000
- ZONING: BUSINESS 1
- GLA : +-2200 SQM
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
2,200m²
Land Size
2,552m²
