Extent: ± 4 460 m² | 5 Storey commercial building | GLA: ± 9 000 m² | Basement parking for 116 vehicles | Zoned Business (which permits accommodation use) | ± 1km from Flavius Mareka FET College
A landmark commercial opportunity in the heart of Kroonstad! This substantial 5-storey office building with basement parking is prominently positioned on a corner stand in the Central Business District, offering excellent visibility, accessibility, and extensive space. Kroonstad, located in the Free State province, is a strategic halfway point between Johannesburg and Bloemfontein along the N1 highway, making it a key regional centre for commerce and services.
Strategic Locality
The property is situated at 46 Hill Street, occupying a prominent corner position on Hill Street and Buitekant Road in Central Kroonstad. This location places it within the core of the town’s business district, surrounded by a mix of retail, government, and professional office uses. The area benefits from high pedestrian and vehicular traffic, and its central location offers proximity to key amenities, banks, courts, and municipal offices. Notably, the Flavius Mareka FET College is located approximately 1 km from the property, adding to the area’s educational and residential demand.
Convenient Access
Kroonstad is strategically located on the N1 national highway, which connects Johannesburg to Cape Town, and lies approximately 200 km south of Johannesburg and 120 km north of Bloemfontein. The town is also serviced by regional roads such as the R34 and R76, ensuring excellent road connectivity.
The property is easily accessed via Hill Street, one of the main arterial roads in the CBD, and is further enhanced by its corner location at the junction with Buitekant Road. This makes entry and exit convenient for both vehicles and pedestrians.
Improvements
This substantial 5-storey commercial building offers a Gross Lettable Area (GLA) of approximately 9,000 m² and includes 116 basement parking bays. The building is serviced by two elevators, and each floor is designed for versatile use, featuring office suites, boardrooms, reception areas, kitchens, and ablution facilities.
The roof level hosts a 2-bedroom flatlet, providing potential for on-site accommodation or additional rental income. The layout of the building is suitable for either a single large user or multiple tenants. The zoning of the property falls under “Business”, which permits a wide range of commercial uses including office space, retail, and hostelling accommodation – making this a flexible asset for a variety of commercial operations or mixed-use redevelopment.
Overview
This property represents a rare opportunity to acquire a high-profile commercial asset in one of the Free State’s most established towns. Surrounded by banks, legal and administrative offices, and retail outlets, the property is ideally suited for corporate headquarters, government departments, educational institutions, or large-scale professional practices.
Its proximity to the Flavius Mareka FET College, excellent access routes, and permissive zoning (including hostelling accommodation) position this asset as a solid investment with long-term growth and redevelopment potential in a well-established urban centre.