Fully Tenanted Medical Suites with Guesthouse, Nelspruit Ext 1
Positioned on a quiet street in Nelspruit Ext 1, close to the Civic Centre, this 547m² property offers a rare, fully income generating investment in one of Nelspruit's established medical and professional nodes. The main building comprises six well maintained medical suites, all currently fully let, together with an attached guesthouse of 120m², configured as three separate guest rooms.
The property is currently generating a gross monthly rental income of R110 000 across six tenants, reflecting a yield of 9.5% at the asking price of R10 500 000. Every suite and guest room is occupied, giving an investor immediate income from day one with no vacancy risk to absorb and no capital outlay required to bring the property to a letable standard.
The main building has been well maintained throughout and presents as a high quality, professional environment suited to medical, dental, or allied health practices. Its position in Ext 1 offers tenants a quiet, established setting within easy reach of the Civic Centre and Nelspruit's central business and medical district.
The attached guesthouse adds a second, distinct income stream and broadens the property's appeal beyond a single use case, whether retained for guest accommodation income, staff housing, or short stay use.
Key details
Total size: 547m²
Guesthouse: 120m², 3 separate guest rooms
Medical suites: 6, all fully let
Current tenants: 6
Gross monthly rental income: R110 000
Asking price: R10 500 000
Yield at asking price: 9.5%
Location: Nelspruit Ext 1, near the Civic Centre
Floor plans, rent roll, title deed is all available upon request
For more information or to arrange a viewing, please contact me.