An exceptional multi-tenanted commercial investment situated at 129 President Street, Vryheid, going under the hammer on 23 April 2026. This prominent corner property, positioned at the intersection of President Street and Kerk Street, offers diversified income streams from established commercial tenants operating within a high-visibility business node.
Locality
Vryheid, located in northern KwaZulu-Natal, serves as a key commercial hub for the surrounding agricultural and mining communities. The property enjoys a prime position along President Street, one of the town’s main commercial thoroughfares, benefitting from strong passing traffic and excellent exposure. Its corner positioning enhances accessibility and branding opportunities for tenants.
Improvements
The property comprises a substantial commercial building divided into multiple functional sections.
The car dealership features a ground floor retail showroom complemented by a large workshop equipped with four hoists, together with a dedicated wash bay servicing both the showroom and workshop operations. The dealership further includes two upper-level offices and ablution facilities, providing administrative and operational convenience.
Adjacent to the dealership is a bike store, offering a front-facing retail area with additional rear storerooms to accommodate stock and operational requirements.
The premises occupied by the security company comprises a warehouse with vehicular access via a roller shutter door. additionally, the facility includes an armoury, kitchen, and storeroom, while the upper level accommodates a boardroom, two offices, a kitchen, and ablution facilities — offering a well-structured operational layout.
The tyre fitment centre consists of a front-facing fitment area and reception, supported by a rear warehouse section and ablution facilities, catering effectively to customer service and stock management.
Income Potential
The property generates a gross annual income of approximately R 1 200 000.00, offering investors immediate cash flow from multiple established tenants. The diversified tenant mix across automotive and security-related sectors strengthens income stability and reduces single-tenant risk, making this an attractive, income-producing commercial asset.
Surrounding Environment
The surrounding area comprises a mix of established commercial enterprises, automotive-related businesses, and service providers, reinforcing the property’s suitability for its current use. The strong commercial character of President Street ensures sustained business activity and visibility.