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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