AUCT-002267 | SOLD

High Profile Investment Property Rustenburg

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    2024-07-23 11:00:00
    High Profile Investment Property Rustenburg

    High Profile Investment Property. 161-165 President Mbeki Drive, Rustenburg, North West

    Extent: ± 6 033 m² | GBA: ± 1 382 m² | Gross Annual Income: ± R3,360,000 | Tenancies: Medical Group with lease in place until 30 April 2034

    Rustenburg, North West


    Discover an exceptional opportunity in the heart of Rustenburg, Northwest Province, as In2assets present a prestigious investment property with a national tenants spanning ± 6 033 m².

    Key Features:

    Strategic Location:
    On a macro level, the property is located within the boundaries of the Rustenburg Local Metropolitan Municipality. Rustenburg is an established town in the North-West Province, between Swartruggens (±55km west) and Pretoria (±100km east). Brits is located 55km east.
    The subject property is situated on the south-western outskirts of Rustenburg Central Business District at 161 – 165 President Mbeki Drive, corner of Von Welligh Street. President Mbeki Drive is one of the major routes in Rustenburg, offering excellent exposure to the subject property. The surrounding area includes a combination of well-established residential and commercial properties.

    Road access to the property is good and the road infrastructure is well designed and properly maintained. The property has ingress and egress off President Mbeki Drive and Von Welligh Street.

    Property Extent:
    The property footprint is 8033m2 is fully fenced and secure with access via a 2 drive-in, drive-out gates and offers 51 open and shaded parking bays for visitors and another 50 for staff members.

    Proximity to Amenities:
    The property enjoys the convenience of being in close proximity to essential amenities, including schools, shopping centers, healthcare facilities, and recreational spaces.

    Improvement Records:
    The improvements are built during 2005/2006 and offer good quality finishes in a well-maintained condition. The building is constructed by means of plastered and painted walls and a combination of IBR and concrete roof. Internal finishes include tile and carpet floor covering and plastered and painted / dry walling walls.

    The Building Comprises:
    Main reception area with offices and consulting rooms;
    Pharmacy with office and storeroom;
    Sister’s reception area and various cubicles;
    X-Ray reception area and consulting rooms;
    Dental reception area and consulting rooms;
    Various ablutions are provided throughout the building.

    Site Improvements:

    Recently installed solar system;
    Plastered and painted walling/palisade fencing with electric fence;
    Paved parking area;
    Staff shade-net carports (±51 bays);
    Public open parking bays (±50 bays);
    Generator on site;
    Two separate entrance gates;
    Open and covered balconies.

    The property will be sold via In2assets livestreamed auction which can be viewed online.
    Commercial Type:
    Commercial Building
    Web Reference:
    AUCT-002267
    Final price:
    POA
    Address:
    161-165 President Mbeki Drive, Rustenburg, Bojanala Platinum District Municipality, North West
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    23 July 2024 11:00 am



    Auctioneer:
    Andrew Miller
    Auction Terms and Conditions:
    R50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

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    Property Agent
    Hein Hattingh
                                        In2assets Representative

    Hein Hattingh

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    hhattingh@in2assets.com

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