ON AUCTION | SPRUITSIG PARK – 23 RESIDENTIAL APARTMENTS, SUNNYSIDE, PRETORIA

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.

Located on an extremely busy road, surrounded by motor vehicle-related businesses, this well-positioned property offers excellent value and functionality for a wide range of operations. Situated on a 960m² stand, the building boasts a total floor area of approximately 790m², comprising: - Ground Floor (564m²): A spacious and well-laid-out area ideal for engineering, light manufacturing, or production, with a dedicated retail/showroom section at the front—perfect for customer-facing operations or trade counters. - First Floor (226m²): A flexible space suited for storage of parts, equipment, or offices, with easy internal access. Zoning: Industrial Business 2 – allowing for a variety of industrial and commercial uses. This is an excellent opportunity for businesses seeking a compact yet functional industrial space with retail potential. The current owners are relocating to larger premises, making this building available to new owners ready to take advantage of its excellent location, accessibility, and adaptable layout. Ideal for Engineering, Manufacturing, or Automotive Use.

Versatile commercial property with spacious buildings, ideal for beauty salon, training center, wedding venue, conference center, or mixed-use. Perfect location with ample parking and layout flexibility. Includes potential for overnight accommodation rooms, offering multiple inco me opportunities. Sold as property only, no business included.

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.