An exceptional opportunity to acquire a substantial commercial property with excellent exposure, versatile business accommodation and significant potential to unlock additional rental income.
Strategically positioned on a prominent corner in Jan Niemand Park, this established commercial centre offers an attractive opportunity for investors, entrepreneurs and owner-occupiers looking for a property with multiple commercial possibilities.
The property currently has a low occupancy level, presenting an incoming investor with the opportunity to secure new tenants, reposition the centre and maximise its rental potential.
POTENTIAL GROSS MONTHLY RENTAL INCOME: R219,610 EXCLUDING VAT
With improved occupancy and active tenant placement, the property offers the potential to generate approximately R219,610 in gross monthly rental income, excluding VAT, subject to leasing, rental agreements and market conditions.
PROPERTY FEATURES
Erf size: Approximately 3,281m²
Building size: Approximately 2,113.5m²
20 individual commercial units
13 ground-floor retail/commercial units
7 first-floor office/commercial units
Approximately 40–45 parking bays
Three-phase electricity infrastructure
CCTV infrastructure and perimeter security improvements
Currently low occupancy with vacant units available
Prominent corner position with excellent street exposure
VERSATILE COMMERCIAL AND BUSINESS POTENTIAL
The property's configuration, generous parking and prominent positioning create opportunities for various business concepts, including:
Motor vehicle dealership or car sales showroom.
Mixed-use commercial development.
Automotive-related businesses and vehicle display facilities.
Retail and wholesale outlets.
Furniture, appliance or building-material showrooms.
Professional offices and business premises.
Multi-tenant commercial investment.
UNLOCK THE POTENTIAL
Mosaic Centre offers more than just an established commercial property. It presents an opportunity to acquire a substantial commercial asset at a stage where an investor can actively influence its future performance.
With 20 individual units and a potential gross monthly rental income of R219,610 excluding VAT, the opportunity lies in improving occupancy, attracting suitable tenants and maximising the property's income-generating capabilities.
Ideal for an investor with a vision, an established business looking for substantial premises, or an entrepreneur seeking a prominent location for a mixed-use or automotive operation.
ASKING PRICE: R14,500,000 EXCLUDING VAT
Further information, rental schedules and supporting documentation are available to serious, financially qualified purchasers, subject to confidentiality and verification.
Private viewings strictly by appointment.