Situated just off the R26, a short distance from Ladybrand, this expansive sandstone and brick property with a corrugated iron roof presents a rare opportunity for the businessperson or investor with vision. With a mix of office, warehouse, workshop, and residential spaces, it offers excellent value and versatility.
The main building features an entrance hall with stairs leading to a central reception area. Upstairs, you'll find a walk-in safe, male and female restrooms, a private office with built-in cupboards and desks, a kitchen, and a large executive office with its own veranda overlooking the beautiful Maloti Mountains. This office is also served by a private toilet and an additional space that can be used for filing, storage, or even another kitchen. A separate passage leads to 13 rooms that can either function as additional office spaces or be renovated into self-contained units with bathrooms and kitchenettes.
The property also includes 19 additional warehouse, office, or workshop units, offering substantial commercial potential. There are 18 undercover parking bays, multiple kitchens and bathrooms throughout, a 100 kVa generator housed in a secure sandstone building, and a separate electricity room for managed power supply.
Currently, an office and warehouse section is rented out on a long-term lease generating R66,000 per month, while a separate workshop and office area brings in an additional R25,000 per month. Both tenants are responsible for their own electricity, ensuring easy management and reduced overheads.
On the residential side, the main house boasts five bedrooms, four bathrooms, a kitchen, TV room, lounge, dining room, and a study with a walk-in safe. A separate flatlet offers a kitchen, living room, bedroom, and full bathroom—ideal for extra rental income. A second house on the premises is also occupied by tenants.
The property is serviced by three boreholes, one of which is equipped and supplies the entire premises. Two JoJo tanks (5000L and 10,000L) provide additional water storage.
This well-maintained, income-generating property offers a wealth of possibilities for commercial use, development, or expansion. Don’t miss out—contact us today to arrange a private viewing.
