Commercial for sale
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 historic urban lifestyle characterized by its proximity to iconic diamond-era landmarks, government offices, and a vibrant mix of heritage architecture and essential city services.