Property Details
Overview
A rare find in Sinoville: 100% commercial rights secured. Premises are fully authorized for offices, car salesrooms, retail, and additional subservient uses — offering full flexibility and immediate income potential
Prime Usage Rights
Approved for: Offices · Motor Vehicle Showrooms · Retail Shops · Ancillary Business Uses
Current Built Area & Functionality
Office suite (100m²)
Flexible workshop (120m²)
Compact retail unit (16m²)
Parking capacity: Space for over 30 vehicles — major upside in vehicle-centric or valet businesses
Secure logistic flow: Dual access from front and rear; fully fenced perimeter geared for commercial security
Investor Appeal
Multi-use capability: Let various segments separately — offices, showroom, workshop — to diversify income
Low entry capex: Zoned, secure, and operational as-is — ideal for near-immediate leasing and ROI
Scalable opportunity: Parking space well-suited for expansions – lease to complementary businesses (e.g., valet, fleet, dealer services)
Direct-owner deal: Simplified transaction, improved negotiating leverage
Market & Comparable Deals
Nearby commercial listings in Sinoville, sized from ~992–1000m², are priced between R3.25M–R5.5M, reflecting strong demand for fully zoned, high-exposure sites
This R5.1M site offers compact built coverage and over 30-car parking – aligning well with zone-enhanced pricing and usage profitability.
Why This Asset Investors Should Consider
High visibility + turnkey licensed usage = rental-ready and signage-ready
Diverse tenant options: car dealership, workshop, office operator — chief risk diversification
Revenue potential: Vehicle sales plus ongoing income from offices & workshop
Direct negotiations: Greater control of deal terms, potential VAT/structure optimization
Next Steps
Request financial modelling: rental yield scenarios per component
Obtain comparable lease data (e.g., R28k p.m. rental listed for 250m² in Sinoville)
Determine VAT implications or buyer incentives via owner-deal structure
Operate lean: property can be let as-is, minimizing capital outlay
This compact yet potent commercial asset delivers strong investor metrics: versatile zoning, scaled parking, and a direct deal at R5.1M in a market with proven demand. A savvy entrant or portfolio builder’s next move.
Let me know if you'd like help with proforma cash flows, lease comps, or structuring insights!