VACANT LAND – SOCIAL SERVICES - DEVELOPERS & INVESTORS

A prime opportunity to acquire a vacant, well-maintained 3-storey institutional building with exceptional repositioning and multi-use potential in Vanderbijlpark. Portion 12 of Erf 4 presents a strategic investment case, combining a prominent location, substantial existing imp rovements, and flexible land-use rights that support a wide range of future uses. This is not merely a single-use property, but a conversion-ready asset suited to institutional, office, education, retail-support, and other value-add applications. Positioned on Frikkie Meyer Boulevard with excellent access to the R59 and surrounding arterial routes, the property benefits from strong exposure, accessibility, and convenience within an established commercial and institutional node. The approved planning framework materially strengthens the asset’s appeal by permitting institutions, offices, places of instruction, retail trade, shops, places of refreshment, places of amusement, and related uses. This significantly expands both the occupational and investment appeal, creating opportunities for owner-occupiers, developers, institutional users, and private investors. The property’s vacant status, good condition, lift access, and established internal layout make it particularly attractive as a ready-to-adapt building with reduced lead time for occupation or conversion. Its previous occupation by Eduvos on a triple-net basis further demonstrates the building’s suitability for large-scale institutional tenancy and reinforces its potential for education providers, training colleges, office users, consulting groups, and investors seeking a prominent, income-producing or repositioning asset in a key regional location.

Stable income potential, high rental yields, and long-term appreciation are but a few advantages. Industrial properties generally experience sustained demand, especially with the growth of e-commerce, low tenant turnover, adaptability for various uses, as well as favourable finan cing options. Industrial real estate's generally has a resilience to economic downturns and the strategic positioning of this particular makes it a compelling choice for investors seeking reliable returns and portfolio diversification. A huge opportunity therefore exists for an investor to add this property to their portfolio. Strong anchor tenant with a 5+5 lease in place with annual escalation of 7.0% YOY.

The property is 8.5 Hectares and is perfectly located within the GLMP of Lanseria. Currently agriculture zoned, and rezoning was started for light industrial.

Portion 12A of Erf 4 presents a rare opportunity to acquire a vacant, modern, institutional-grade property in Vanderbijlpark, positioned for healthcare, rehabilitation, institutional and broader multi-use applications. The property combines healthcare-led positioning, strong exis ting improvements, accessibility and broadened land-use flexibility, making it attractive to healthcare operators, institutional users, education groups and value-add investors. The current positioning supports stepdown care, physical rehabilitation, medical consulting, wellness, frail care, student accommodation, offices and mixed-use development. In addition, the approved Special zoning materially strengthens the value proposition by including institutions, offices, place of instruction, retail trade, shops, place of refreshment, place of amusement, public garage excluding petrol sales, and other uses by special consent excluding noxious uses.