AUCT-002700 | On Auction

Investment Property in Vryheid CBD

Until Our Next Auction
21 April 2026 | 11:00:00 am

  • How we Work
    2026-04-21 11:00:00
    Investment Property in Vryheid CBD

    129 President Street (Corner of Kerk Street & President Street), Vryheid

    Extent: ± 2 791 m² | Fully tenanted | Gross Annual Income: ± R 1.2 Million | Corner commercial property | Zoned Business 1

    Vryheid, KwaZulu-Natal


    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.
    Commercial Type:
    Commercial Building
    Web Reference:
    AUCT-002700
    List price:
    POA
    Address:
    129 President Street (Corner of Kerk Str & President Str), Vryheid, Zululand District Municipality, KwaZulu-Natal
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    21 April 2026 11:00 am



    Auctioneer:
    Andrew Miller
    Auction Terms and Conditions:
    R50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required DISCLAIMER: Website listings are for information purposes only and remain subject to change, amendment, correction or withdrawal at any time prior to the auction. As further information becomes available, revised listings will be published from time to time. It may not be possible to identify, track or specifically draw attention to every amendment or revision. The final brochure and Conditions of Sale, as issued to each registered bidder via email and/or WhatsApp prior to or on the day of the auction, shall constitute the final, governing and binding documentation applicable to the auction and the sale of the property. It is each Purchaser’s sole onus and responsibility to ensure that he has received, read, understood and agreed to the final brochure and Conditions of Sale and to bid and purchase strictly in accordance therewith. Registration for the auction shall constitute deemed acceptance of the final documentation as issued.

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    Muhammad Ali
                                        In2assets Representative

    Muhammad Ali

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