The strongest commercial acquisitions are rarely defined by a single metric. They combine income, usable scale, operational infrastructure and the ability to create further value after transfer. This approximately 1,000 m² three story property brings those elements together in one substantial offering, with approximately 67% of its leasable area currently tenanted and a further 327 m² providing the incoming investor with immediate strategic flexibility.
The Victoria Country Club setting places this asset within one of the area’s most distinguished environments. A precinct synonymous with exclusivity, established stature and considered surroundings. Here, the address itself carries commercial significance, creating a setting befitting a property of this caliber.
Asset Fundamentals:
. Purchase Consideration: R15,000,000 Excl. VAT
. Gross Leasable Area: ±1,000 m²
. Existing Gross Monthly Income: R103,733.60
. Projected NOI: Approximately R956,574
. NOI Period: May 2026 to April 2027
. Tenanted Component: ±673 m²
. Existing Lease Term: Until 31 December 2026
. Unoccupied Component: ±327 m²
. Building: Three story commercial structure
Parking Capacity:
. 19 undercover bays, of which 9 are available
. 21 shaded bays, of which 8 are available
. 12 open bays
. Combined parking capacity: 52 bays
Arranged across three story's, the property provides a comprehensive corporate environment rather than conventional office accommodation.
. Multiple reception and waiting areas
. Approximately 16 private offices
. Multiple open plan working environments
. Boardroom and meeting facilities, including an approximately 50 m² principal boardroom
. Dedicated server rooms
. Kitchen and staff break facilities
. Storage and filing rooms
. Male, female and disabled access bathroom facilities
The configuration allows distinct departments, tenants or operational divisions to function within the building while retaining both private and collaborative working environments.
At acquisition, the property already carries an established gross monthly income of R103,585.25, supported by approximately 673 m² of tenanted space. Importantly, it represents capacity that the purchaser can actively determine.
The physical infrastructure further strengthens the proposition. Fifty two parking bays, multiple reception points, boardrooms, private offices, open-plan workspaces, server facilities and staff amenities give the property the operational depth expected of a serious commercial environment.
For the purchaser assessing commercial property through the lenses of current income, future utilization and long-term asset performance, this offering deserves closer examination.