R 6 200 000 | business property for sale in mindalore

MINDALORE PRIME COMMERCIAL INVESTMENT PROPERTY FOR SALE – R6 200 000 (Generator optional at R600 000 sold separately) Strategic Commercial Investment Opportunity An exceptional income-generating commercial property situated in the established business hub of Mindalore, Krugersdorp, offering strong immediate cash flow, long-term lease security, annual escalations, and outstanding future development potential. This is a rare opportunity for investors seeking a high-yield, fully tenanted commercial asset with excellent upside through rental growth and future expansion rights. Property Overview Asking Price: R6 200 000 Generator: Optional extra – R600 000 Zoning: Business 2 Development Rights: Approved for up to 3 additional storeys Location: High-exposure commercial position on a busy arterial route Tenant Profile: Fully occupied by established trading businesses Gross Lettable Area (GLA) Section Approximate Size Pizza Outlet 220m² Supermarket 220m² Pub (including upper level) 360m² Total GLA: Approx. 800m² A substantial income-producing commercial footprint with diversified tenancy. Current Rental Income 1. Pub Current Rental: R23 328 per month Annual Escalation: 8% Lease Expiry: April 2029 2. Supermarket Current Rental: R24 000 per month Annual Escalation: 8% Lease Expiry: April 2030 3. Pizza Outlet Current Rental: R13 789 per month Incoming Rental Adjustment: Increasing to R18 000 per month Updated Monthly Rental Income Projection Current gross monthly rental: R61 117 Post rental adjustment: R65 328 per month Annual Gross Income: R783 936 Operating Structure Advantage A significant investment benefit is that major municipal and operational recoveries are contractually passed on to tenants, including: Rates and taxes recoveries Waste removal recoveries Environmental/electricity levy recoveries This creates a highly efficient income model with reduced owner expenditure. Net Monthly Income Approximate Net Income: R58 850 per month Annual Net Income: R706 200 Investment Yield Analysis Based on Asking Price: R6 200 000 Current Net Yield: Approximately 11.39% After rental adjustment takes effect: Approximately 12.65% This presents a highly attractive return compared to many commercial investment opportunities currently available. Future Rental Growth Potential With annual escalations already built into existing lease agreements, the property's income stream is positioned for consistent upward movement. Estimated Income Growth Year 1: ±R783 936 gross annual Year 2: ±R846 000 Year 3: ±R913 000 Year 4: ±R986 000 This supports strong capital appreciation and enhanced investor returns over time. Development Upside One of the most compelling features of this investment: Additional 3-Storey Development Rights The property’s Business 2 zoning permits vertical expansion, creating multiple value-add opportunities such as: Additional retail space Office suites Residential rental units Mixed-use development Hospitality or accommodation conversion This gives the purchaser immediate income plus long-term redevelopment potential. Why This Property Stands Out Immediate Income Fully tenanted with established businesses. Secure Lease Profile Long-term lease commitments. Built-in Escalations Consistent annual income growth. Strong Yield Excellent return relative to acquisition price. Low Operational Risk Tenant recoveries reduce owner exposure. Value-Add Potential Expand vertically and significantly increase revenue. Optional Backup Generator Enhances operational continuity for tenants. Investment Summary Purchase Price: R6 200 000 Optional Generator: R600 000 Approximate GLA: 800m² Net Monthly Income: ±R58 850 Projected Monthly Income: ±R65 328 Net Yield: 11.39% – 12.65% Zoning: Business 2 Expansion Rights: 3 Additional Storeys Investor Perspective This property offers the ideal balance of: Stable current income Contracted rental growth Development upside Long-term capital appreciation A serious commercial asset for investors looking to secure a strategic foothold in a growing commercial node while enjoying immediate returns. A compelling commercial investment opportunity priced to sell at R6.2 MINDALORE PRIME COMMERCIAL INVESTMENT PROPERTY FOR SALE – R6 200 000 (Generator optional at R600 000 sold separately) Strategic Commercial Investment Opportunity An exceptional income-generating commercial property situated in the established business hub of Mindalore, Krugersdorp, offering strong immediate cash flow, long-term lease security, annual escalations, and outstanding future development potential. This is a rare opportunity for investors seeking a high-yield, fully tenanted commercial asset with excellent upside through rental growth and future expansion rights. Property Overview Asking Price: R6 200 000 Generator: Optional extra – R600 000 Zoning: Business 2 Development Rights: Approved for up to 3 additional storeys Location: High-exposure commercial position on a busy arterial route Tenant Profile: Fully occupied by established trading businesses Gross Lettable Area (GLA) Section Approximate Size Pizza Outlet 220m² Supermarket 220m² Pub (including upper level) 360m² Total GLA: Approx. 800m² A substantial income-producing commercial footprint with diversified tenancy. Current Rental Income 1. Pub Current Rental: R23 328 per month Annual Escalation: 8% Lease Expiry: April 2029 2. Supermarket Current Rental: R24 000 per month Annual Escalation: 8% Lease Expiry: April 2030 3. Pizza Outlet Current Rental: R13 789 per month Incoming Rental Adjustment: Increasing to R18 000 per month Updated Monthly Rental Income Projection Current gross monthly rental: R61 117 Post rental adjustment: R65 328 per month Annual Gross Income: R783 936 Operating Structure Advantage A significant investment benefit is that major municipal and operational recoveries are contractually passed on to tenants, including: Rates and taxes recoveries Waste removal recoveries Environmental/electricity levy recoveries This creates a highly efficient income model with reduced owner expenditure. Net Monthly Income Approximate Net Income: R58 850 per month Annual Net Income: R706 200 Investment Yield Analysis Based on Asking Price: R6 200 000 Current Net Yield: Approximately 11.39% After rental adjustment takes effect: Approximately 12.65% This presents a highly attractive return compared to many commercial investment opportunities currently available. Future Rental Growth Potential With annual escalations already built into existing lease agreements, the property's income stream is positioned for consistent upward movement. Estimated Income Growth Year 1: ±R783 936 gross annual Year 2: ±R846 000 Year 3: ±R913 000 Year 4: ±R986 000 This supports strong capital appreciation, and enhanced investor returns over time. Development Upside One of the most compelling features of this investment: Additional 3-Storey Development Rights The property’s Business 2 zoning permits vertical expansion, creating multiple value-add opportunities such as: Additional retail space Office suites Residential rental units Mixed-use development Hospitality or accommodation conversion This gives the purchaser immediate income plus long-term redevelopment potential. Why This Property Stands Out Immediate Income Fully tenanted with established businesses. Secure Lease Profile Long-term lease commitments. Built-in Escalations Consistent annual income growth. Strong Yield Excellent return relative to acquisition price. Low Operational Risk Tenant recoveries reduce owner exposure. Value-Add Potential Expand vertically and significantly increase revenue. Optional Backup Generator Enhances operational continuity for tenants. Investment Summary Purchase Price: R6 200 000 Optional Generator: R600 000 Approximate GLA: 800m