Located in a high-traffic area in Nelspruit’s bustling CBD, this well-positioned commercial property presents a lucrative investment opportunity. The site consists of two separate buildings—Sabre South, a double-story, and Sabre North, a three-story—situated on a single erf.
Retail Space & Visibility:
The ground floor features five road-facing shopfronts, providing excellent exposure for retail businesses. Sabre North houses three shops, while Sabre South offers two, all of which are fully tenanted under lease agreements.
Office & Storage Facilities:
The first and second floors of both buildings are dedicated to office space, comprising a total of 37 offices, along with storerooms and three secure safe rooms. Currently, 80% of the office spaces are occupied, with most tenants operating on a month-to-month basis.
Property Specifications & Potential:
Sabre South:
Ground floor: 415 sqm
First floor: 445 sqm
Sabre North:
Ground floor: 234 sqm
First floor: 354 sqm
Second floor: 354 sqm
While the building is older and requires some renovations, it holds immense potential for transformation into a modern commercial hub. Its spacious layout makes it an excellent fit for a learning center, school, or college, offering ample office space for administrative and educational use.
Investment Opportunity:
With a solid rental income stream, documented financial statements available for serious buyers, and a prime location in the heart of Nelspruit, this property is an outstanding investment with strong commercial prospects..