003C - 570 Gerrit Maritz Road, Pretoria North

BIDDING STARTS AT

2025-08-27 07:00

Auction Ends: 2025-08-28 12:30

OPENING BID

1 ZAR

 

Zelda Park-Multi-Tenanted Commercial Centre In Prime Location

 

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

 

ONLINE AUCTION

Bidding Start Time: Wednesday 27 August 2025 @ 09:00

Bidding End Time: Thursday 28 August 2025 @ 14:30

Registration is essential by Monday 25 August 2025.

Pre-Auction Offers may be considered.  Auction Finance Available.

For more information, please contact the listing agent.

 

DESCRIPTION:

Perfectly Positioned Multi Levels Commercial Building.

 

Corner of Gerrit Maritz and Jack Hindon Street in Pretoria North, with huge visibility and accessibility. 

This expansive building hosts:

  • Ground floor: offering 12 shops/offices with 10 are front facing excellent exposure.
  • First floor offering 13 offices of different sizes, some equipped with air conditioning.
  • Second floor offering 30 Offices/ rooms of different sizes and few of them are air conditioned.
  • Third floor offering 8 spacious offices / rooms offering flexible usage opportunities.
  • This building was designed to accommodate functionality and has maximum ventilation and airflow with its specially designed roof.
  • The building has a lift servicing all floors also each floor has a kitchen and ample female and male restrooms.
  • At 45% occupancy and with net rental income of over ±R2,3 million per annum the nett ROI is around 11.5 and potentially could yield over 16.5%of nett return at full occupancy. With a good tenant mix of retail stores, legal and medical offices, churches, and educational school could offer a brilliant investment opportunity to a keen investor or owner occupier looking to grow a solid portfolio

 

Pre-Auction Offers excl. Claremart fee will be considered.

 

DETAILS:

  • Erf no:  782, Pretoria North
  • Erf size:  2552m²
  • GLA:  ±6000m²
  • Rates:  ±R22,882.50 per month
  • Zoning:  Business

 

Web Ref:  753548

 

VAT Applicable

 

PAYMENT TERMS:

2.5% Deposit & 10% Auctioneers Fee (excl. VAT on fee), payable on the fall of the hammer by means of EFT only.  Balance payable on Transfer.

 

Sanjeev Boyjoonauth | 066 054 2211 | 021 425 8822 | sanjeev@claremart.com


CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: info@claremart.co.za

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