ON AUCTION 19 FEBRUARY 2026 - BANK INSTRUCTION - CENTRALLY POSITIONED COMMERCIAL PROPERTY
ON AUCTION 19 FEBRUARY 2026 - BANK INSTRUCTION - CENTRALLY POSITIONED COMMERCIAL PROPERTY
The subject property is a fully vacant, well-maintained former bank branch situated on an erf measuring approximately 944 sqm, with a gross lettable area of ±370 sqm. Zoned Business 1, the property offers strong redevelopment or re-letting potential and includes five metal carports for on-site parking. The double-storey plastered and painted building features a corrugated iron roof and accommodates a functional internal layout comprising multiple offices, storerooms, service areas, customer service and teller areas, a kitchen, separate ablutions, and an ATM area.
Located at 22 Church Street in the historic town of Colesberg, Northern Cape, the property enjoys a prominent position within the town’s core commercial precinct. Church Street serves as a primary business corridor, surrounded by financial institutions and retail activity. Colesberg’s strategic location along the N1, functioning as a key service hub for travellers, local residents, and surrounding farming communities, further enhances the property’s appeal for high-visibility, high-footfall commercial uses.
KEY FEATURES:
- CENTRALLY LOCATED
- ZONING: BUSINESS 1
- ERF: 944 SQM
- GLA: +-370 SQM
- VACANCY UPSIDE
The subject property is a fully vacant, well-maintained former bank branch situated on an erf measuring approximately 944 sqm, with a gross lettable area of ±370 sqm. Zoned Business 1, the property offers strong redevelopment or re-letting potential and includes five metal carports for on-site parking. The double-storey plastered and painted building features a corrugated iron roof and accommodates a functional internal layout comprising multiple offices, storerooms, service areas, customer service and teller areas, a kitchen, separate ablutions, and an ATM area.
Located at 22 Church Street in the historic town of Colesberg, Northern Cape, the property enjoys a prominent position within the town’s core commercial precinct. Church Street serves as a primary business corridor, surrounded by financial institutions and retail activity. Colesberg’s strategic location along the N1, functioning as a key service hub for travellers, local residents, and surrounding farming communities, further enhances the property’s appeal for high-visibility, high-footfall commercial uses.
KEY FEATURES:
- CENTRALLY LOCATED
- ZONING: BUSINESS 1
- ERF: 944 SQM
- GLA: +-370 SQM
- VACANCY UPSIDE
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
370m²
Land Size
944m²
