AUCT-002381 | On Auction

Multi-Tenanted Commercial and Retail Investment Property

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    2024-11-21 11:00:00
    Multi-Tenanted Commercial and Retail Investment Property

    Multi-Tenanted Commercial and Retail Investment Property. 35 Vindhella Road, Valhalla, Pretoria

    Extent: ± 6 519 m² | GBA: ± 2 695 m² | Zoning: Business 1 | Multi-Tenanted: Retail and offices

    Valhalla, Gauteng


    Multi-Tenanted Investment Property

    In2assets is excited to present this multi-tenanted income-generating property, with good visibility from Old Johannesburg Road, to the market.
    The property provides an opportunity to service the primarily residential surrounding node with retail and office offerings.

    Location:
    This property is located at 35 Vindhella Road in Valhalla, Centurion and enjoys good visibility from Old Johannesburg Road (R101) which is a busy arterial route connecting the surrounding suburbs of Centurion to Tshawne. The R101 also connects the area to the N1 and N14 respectively. The immediate area is primarily residential.

    Improvements:
    The partially enclosed property is constructed with face brick and metal façade under metal roofing.
    Retail component - the retail component is comprised of five shops as well as a library all with road frontage. The units all vary in configuration depending on the tenant’s requirements. Access to the retail units is off Hekla Road. Retail lettable area totals ±1139m²
    Office component - there are eight separate office units that vary in configuration. Access to these units is off Vindhella Road and the parking area is secured by a remote-controlled motorized gate. Additional features include two storerooms as well as ablution facilities. The lettable office and storage/supplementary areas total ±1020m².

    The enclosed parking area hosts 3 shade net parking bays as well as 36 open parking bays. There is ample additional street-front parking.

    Conclusion:
    This investment property should certainly attract interest from prospective investors looking for retail opportunities.
    Commercial Type:
    Mixed use Commercial
    Web Reference:
    AUCT-002381
    List price:
    POA
    Address:
    35 Vindhella Road, Valhalla, City of Tshwane Metropolitan Municipality, Gauteng
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    21 November 2024 11:00 am



    Auctioneer:
    Andrew Miller
    Auction Terms and Conditions:
    R 50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

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    Property Agent
    Tom Hodgson
                                        In2assets Representative

    Tom Hodgson

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    thodgson@in2assets.com

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