A rare chance to buy a substantial, income-producing commercial building in central Bethlehem. The Isuzu Building in Bethlehem stands on two erven totaling 2,792 m² and offers about 3,061 m² of lettable space over four floors as well as a open section ideal for additional developments.
The ground and first floors hold a large showroom and workshop with supporting offices. The building is currently let to an established national motor dealership, on a lease for at least 12 months. The upper floors are 21 residential units, which add a second, diversified income stream.
The property is zoned Business 2 under the Dihlabeng Land Use Scheme, 2022. This allows a wide range of uses as of right, including business buildings, flats,
That makes it a strong long-term hold with redevelopment flexibility.
Investors looking for a well-located, tenanted asset with secure income in the Eastern Free State shouldn't miss it.
Key features:
Erf size: (929 m²) + (1,863 m²) = 2,792 m²
Total GLA: ±3,061.6 m²
Ground floor: 1,437.5 m² (showroom/workshop ±1,238.9 m² + 198.6 m²)
First floor: 1,109.0 m² (±816.3 m² open-plan + 293.0 m² offices)
Second floor: 289.7 m² (residential units)
Third floor: 225.4 m² (residential units)
Zoning: Business 2, with 80% coverage for business buildings
Tenancy: Anchor tenant on an escalating lease, plus residential rental units
Location: Central Bethlehem, with high exposure on Muller Street
This is a must see, call for more info!!!