AUCT-002431 | On Auction

Prime Commercial Property with Re-development Potential

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    2025-03-18 11:00:00
    Prime Commercial Property with Re-development Potential

    Prime Commercial Property with Re-development Potential. 1 Dyer Street, Arcadia, East London Central

    Extent: ± 6 664 m² | GLA: ± 3 421 m² | High-visibility location | Prime street frontage | Multi-tenanted | Excellent transport access

    Arcadia, Eastern Cape


    This multi-tenanted commercial property offers consistent rental income while presenting an exceptional opportunity for re-development. Located in a high-visibility area with good exposure, the property holds tremendous potential for a wide range of development projects.

    Key Features:
    ● Highly Visible Location: Positioned in a high-traffic area, ideal for warehousing, manufacturing, workshops, or mixed-use development with ample street frontage.
    ● Multi-Tenanted: Currently leased to multiple tenants, providing a stable cash flow and a solid foundation for future redevelopment.
    ● Gross Lettable Area: Approx. 3,421 square meters of flexible space, perfect for adapting to various commercial or industrial uses.
    ● Land Extent: Approx. 6,664 square meters of prime land, offering ample room for expansion or complete redevelopment.
    ● Transport Accessibility: Convenient access to major transport networks, ensuring excellent connectivity for both tenants and visitors.
    ● Vacant Silos: The existing vacant silos present a unique opportunity to either bring them back into operational use or to transform them into commercial assets, residential units, or even a student village, capitalizing on the growing demand for flexible living spaces.
    ● Electricity Supply: There is a 500KVA transformer feeding a 250amp circuit breaker, as well as a further 500kva and a 1000kva transformer that is currently not in use.

    This property is an ideal investment for developers seeking to unlock the full potential of a well-positioned, multi-tenanted building with great redevelopment potential.

    Don’t miss the chance to turn this prime site into a sought-after commercial asset.
    Commercial Type:
    Mixed use Commercial
    Web Reference:
    AUCT-002431
    List price:
    POA
    Address:
    1 Dyer Street, Arcadia, Buffalo City Metropolitan Municipality, Eastern Cape
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    18 March 2025 11:00 am



    Auctioneer:
    Andrew Miller
    Auction Terms and Conditions:
    R50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required

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