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Enjoy effortless passive income in Kimberley's historic CBD, steps from amenities and foot traffic. Fully tenanted with robust security, 10 dedicated parking bays and seven bathrooms.
Prime Investment Opportunity: High-Yield Commercial Building in Kimberley
I am proud to present a robust, fully tenanted commercial building in the heart of Kimberley, offering an exceptional opportunity to acquire a proven asset sold as a lucrative Going Concern. This is not just a building; it is a stable, income-generating business ready for immediate transfer.
Passive Income & Operational Stability
This property is a dream for the astute investor, boasting a 100% occupancy rate and a low-maintenance, strong, and sturdy structure designed for long-term operational ease and minimal overheads.
The diverse and reliable tenancy mix ensures a resilient income stream:
Ground Floor Retail:
The street level features several well-established retail shops, providing essential foot traffic and leased by reputable businesses, securing a reliable baseline income.
Professional Suites (1st & 2nd Floors):
The upper levels are dedicated to extensive office space, including various professional offices and boardrooms. These spaces are fully occupied by high-quality professional tenants, such as legal practitioners and financial services, guaranteeing stable, long-term lease agreements.
Tenant Retention and Security Features
Security and convenience are paramount, factors that successfully attract and retain premium tenants. The property offers:
Robust Security Infrastructure: Tenants and their clients benefit from a controlled main entrance, comprehensive CCTV surveillance system, and perimeter security reinforced by an electric fence, ensuring peace of mind 24/7.
Dedicated Parking: A significant advantage in the area, the property includes 10 secure, dedicated parking bays for the exclusive use of tenants and their clients.
Gross Floor Area: 1 391m2
Rentable Area: 1 192m2
Coverage: 71.6%
This is a turn-key solution for portfolio expansion. Acquire a high-performing asset where the hard work of leasing and setup is already complete.
Secure your passive income stream today. Contact me today for a viewing!
Listed for sale at R11,500,000
Kimberley Central offers a blend of historical charm and modern convenience, making it an appealing residential area with easy access to essential amenities and cultural attractions.
* Distances and amenities are approximate.
