Commercial For Sale In Bloemfontein

DUAL MANDATE

This well-designed and versatile property presents an excellent investment opportunity, offering a combination of commercial office space, additional parking, and two income-generating one-bedroom flatlets.

Ideally situated near Preller Square, the property enjoys convenient access to shopping centres, restaurants, entertainment venues and essential services. Its strategic location provides excellent accessibility and visibility for clients, employees, tenants and visitors.

The property is well suited for a corporate headquarters, professional offices, rental investment, owner-occupation, or a combination of business and residential income.

### Main Building – 265 m2

The spacious main building offers:

* 6 air-conditioned offices

* Reception area

* Comfortable waiting room

* Convenient kitchenette

* Separate ladies’ and gents’ restrooms

* Covered parking for 5 vehicles

* Additional 5 open parking bays on-site

* Separate entrance and exit for convenient vehicle access

The main building currently generates R25,000 per month in rental income.

### Two One-Bedroom Flatlets – 120 m2

The property also includes two separate one-bedroom flatlets, providing an additional income stream.

Current rental income from both flatlets: R9,300 per month

### Additional Income Potential

An approximately 25 m2 outdoor area offers the potential for further rental or entertainment use, with estimated additional income of approximately R2,000 per month, subject to the necessary approvals and use.

### Rental Income Summary

* Main building: R25,000 per month

* Two flatlets: R9,300 per month

* Current combined rental income: R34,300 per month

* Potential additional outdoor-area income: approximately R2,000 per month

The property therefore offers multiple possibilities for an investor, including continued leasing, owner-occupation, or a combination of business operations and rental income.

### Office Re-Zoning Potential

For buyers considering commercial office use, the property may offer an opportunity to apply for the appropriate zoning or consent use, subject to the applicable municipal town-planning requirements, zoning scheme regulations and approval processes.

Prospective purchasers should obtain independent professional advice and confirm the current zoning, permissible land uses and requirements for any proposed re-zoning or consent-use application with the relevant local authority before proceeding.

### VAT Applicable

VAT is applicable to the sale. The transaction may qualify for zero-rating as the sale of a going concern, subject to the transaction meeting all applicable requirements of the VAT Act and SARS. Should the requirements for zero-rating not be met, VAT will be payable at the applicable rate.

### An Opportunity Not to Be Missed

Whether you are looking for a professional office, corporate premises, investment property, rental opportunity, or a combination of commercial and residential income, this property offers flexibility, established income and excellent potential in a sought-after location.

Contact Annette Kasselman today to arrange your private viewing and explore the possibilities this property has to offer.