Harcourts Pulse is proud to present their latest exclusive mandate
TWO 1,012m COMMERCIAL PROPERTIES | INCOME + DEVELOPMENT POTENTIAL
An exceptional opportunity to acquire two strategically positioned commercial properties in the sought-after Dawncliffe, Westville area — with the seller preferring to sell both properties together.
This offering presents a compelling combination of immediate rental income, established tenants, development potential and excellent road frontage, making it an attractive proposition for discerning investors looking to expand or diversify their commercial property portfolio.
PROPERTY 1 | 1,012m² VACANT COMMERCIAL LAND
A well-positioned 1,012m² vacant commercial site, rated Business & Commercial, offering substantial potential for future development.
With excellent visibility and road frontage, the property provides an opportunity to develop a commercial concept tailored to the demands of the area, subject to the necessary municipal approvals.
Approximate monthly municipal charges:
• Rates: R2,500
• Water & sanitation: R1,300
• Sewage: R1,000
• Electricity: R500
Total: ±R5,300 per month
PROPERTY 2 | ESTABLISHED INCOME-PRODUCING COMMERCIAL PROPERTY
1,012m² site | Business & Commercial
An established commercial building with longstanding tenants and multiple income streams, providing an investor with an existing income-producing asset and further upside potential.
The current tenant mix includes:
• Supermarket
• Takeaway restaurant
• 2 x 1.5-bedroom residential units/flats
• Additional scope for diversified commercial uses
The property benefits from excellent road frontage, strong visibility and generous parking, including customer parking at the front and private parking at the rear.
Additional improvements include two storerooms and ablution facilities.
INCOME POTENTIAL
The property can generate a gross monthly rental of approximately R70,000, with the potential for increased income following strategic renovations, upgrades and improvements.
Approximate monthly rates: R15,000
Approximate municipal charges: R30,000 per month, recovered through prepaid meters.
PROPERTY HIGHLIGHTS
• 2 x 1,012m² commercial properties
• Prime Dawncliffe, Westville location
• Business & Commercial rating
• Excellent road frontage & visibility
• Existing income-producing commercial building
• Longstanding tenant profile
• Supermarket & takeaway restaurant
• 2 x 1.5-bedroom residential units
• Ample front parking + private rear parking
• Two storerooms & ablution facilities
• ±R70,000 gross monthly rental potential
• Opportunity to increase income through upgrades
• Additional 1,012m² vacant development site
• Diversified potential across retail, offices, entertainment and restaurants
• Seller prefers a joint sale
A RARE COMMERCIAL INVESTMENT OPPORTUNITY
The combination of an established income-producing property and a separate vacant commercial development site creates a compelling investment proposition.
Whether the strategy is to secure existing rental income, improve and reposition the current building, develop the vacant site, or create a diversified commercial portfolio, this offering provides multiple avenues for future growth. Prime location. Strong frontage. Existing income. Development potential. Multiple revenue streams. Opportunities of this nature in established Westville locations are seldom available as a combined offering.
Dawncliffe, Westville, KwaZulu-Natal Serious investors are invited to enquire for further information and to arrange a private viewing.