Commercial Property For Sale in Kimberley Central, Kimberley

R11,500,000

14-18 George Street, Kimberley Central, Kimberley, Northern Cape, Kimberley Central, Kimberley, Northern Cape

Commercial Property for sale in Kimberley Central, Kimberley, 14-18 George Street, Kimberley Central, Kimberley, Northern Cape, 1008 m²

14-18 George Street, Kimberley Central, Kimberley, Northern Cape, Kimberley Central, Kimberley, Northern Cape

R11,500,000

Ref:1468638
7Bath
1008
Type: Commercial Property

Description

Prime Investment Opportunity: High-Yield Commercial Building in Kimberley

I am proud to present a robust, fully tenanted commercial building in the heart of Kimberley, offering an exceptional opportunity to acquire a proven asset sold as a lucrative Going Concern. This is not just a building; it is a stable, income-generating business ready for immediate transfer.

Passive Income & Operational Stability
This property is a dream for the astute investor, boasting a 100% occupancy rate and a low-maintenance, strong, and sturdy structure designed for long-term operational ease and minimal overheads.

The diverse and reliable tenancy mix ensures a resilient income stream:

Ground Floor Retail: 
The street level features several well-established retail shops, providing essential foot traffic and leased by reputable businesses, securing a reliable baseline income.

Professional Suites (1st & 2nd Floors):
The upper levels are dedicated to extensive office space, including various professional offices and boardrooms. These spaces are fully occupied by high-quality professional tenants, such as legal practitioners and financial services, guaranteeing stable, long-term lease agreements.

Tenant Retention and Security Features
Security and convenience are paramount, factors that successfully attract and retain premium tenants. The property offers:

Robust Security Infrastructure: Tenants and their clients benefit from a controlled main entrance, comprehensive CCTV surveillance system, and perimeter security reinforced by an electric fence, ensuring peace of mind 24/7.

Dedicated Parking: A significant advantage in the area, the property includes 10 secure, dedicated parking bays for the exclusive use of tenants and their clients.

Gross Floor Area: 1 391m²
Rentable Area: 1 192m²
Coverage: 71.6% 

This is a turn-key solution for portfolio expansion. Acquire a high-performing asset where the hard work of leasing and setup is already complete.

Secure your passive income stream today. Contact me today for a viewing!

Location

14-18 George Street, Kimberley Central, Kimberley, Northern Cape, Kimberley Central, Kimberley, Northern Cape

Data

Object TypeCommercial Property
Purchase PriceR11,500,000
Living Space1008 m²
Plot Size1008 m²
Bathrooms7
Construction YearN/A
ConditionNot specified
RoomsN/A

Financial Information

RatesN/A
LevyN/A
Special LevyN/A

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