NEW
EXCLUSIVE MANDATETENDER
Web Ref CL35001
On Tender 15 June 2026: Prime Multi-Tenanted Commercial Asset
On Tender 15 June 2026: Prime Multi-Tenanted Commercial Asset
An outstanding opportunity to acquire a large-scale, income-generating commercial asset strategically positioned in the established Beaconsfield node of Kimberley, the capital city of the Northern Cape.
Situated on a prominent corner along Central Street, the property offers excellent exposure, accessibility and scale, making it ideally suited to both institutional investors and owner-occupiers seeking a regional headquarters.
Property Overview
The property comprises a substantial freehold landholding of approximately 10,956 m², improved with a two-storey office complex and ancillary buildings, delivering a total gross lettable area of approximately ±5,801 m², together with an additional 270 m² residential component.
GLA: ±5,801 m²
ERF Size: ±10,956 m²
Improvements: Office blocks, ancillary structures & residential dwelling
Parking: ±40 bays (mix of open and secure)
Access: Multiple access points via Central Street
The scale of the asset provides flexibility for multi-tenancy, single-user occupation or future repositioning.
Income & Tenancy Profile
The property is currently partially tenanted, providing a blend of secure income and leasing upside:
60% occupied / 40% vacant
Anchor tenant: Department of Water & Sanitation (government tenant)
This structure presents investors with the opportunity to enhance income through active leasing strategies, driving yield improvement.
Strategic Location
Kimberley serves as the administrative and economic hub of the Northern Cape, with demand underpinned by:
Government and institutional presence
Mining and agricultural industries
Established residential catchment
The property is well positioned within the Beaconsfield precinct, offering proximity to:
Diamond Pavilion Shopping Centre
Medical facilities and schools
Fuel stations and convenience retail
Major arterial routes linking the broader Kimberley region
This ensures consistent tenant demand and long-term occupier stability.
Investment Highlights
Large-scale commercial holding in a key provincial capital
Strong government-backed tenancy component
Immediate income with significant vacancy upside
Flexible configuration for multi-tenancy or owner-occupation
High visibility and accessibility along Central Street
Attractive entry point relative to replacement cost and scale
Opportunity
This asset is ideally suited to:
Investors seeking yield with value-add potential
Institutions targeting government-backed income streams
Owner-occupiers requiring a regional headquarters or operational hub
Developers exploring repositioning or refurbishment strategies
Summary
A rare opportunity to acquire a landmark commercial property in Kimberley, combining scale, location and income potential.
With a solid underlying income stream and significant upside through leasing and repositioning, the property offers a compelling investment case for those seeking both immediate returns and long-term capital growth.
An outstanding opportunity to acquire a large-scale, income-generating commercial asset strategically positioned in the established Beaconsfield node of Kimberley, the capital city of the Northern Cape.
Situated on a prominent corner along Central Street, the property offers excellent exposure, accessibility and scale, making it ideally suited to both institutional investors and owner-occupiers seeking a regional headquarters.
Property Overview
The property comprises a substantial freehold landholding of approximately 10,956 m², improved with a two-storey office complex and ancillary buildings, delivering a total gross lettable area of approximately ±5,801 m², together with an additional 270 m² residential component.
GLA: ±5,801 m²
ERF Size: ±10,956 m²
Improvements: Office blocks, ancillary structures & residential dwelling
Parking: ±40 bays (mix of open and secure)
Access: Multiple access points via Central Street
The scale of the asset provides flexibility for multi-tenancy, single-user occupation or future repositioning.
Income & Tenancy Profile
The property is currently partially tenanted, providing a blend of secure income and leasing upside:
60% occupied / 40% vacant
Anchor tenant: Department of Water & Sanitation (government tenant)
This structure presents investors with the opportunity to enhance income through active leasing strategies, driving yield improvement.
Strategic Location
Kimberley serves as the administrative and economic hub of the Northern Cape, with demand underpinned by:
Government and institutional presence
Mining and agricultural industries
Established residential catchment
The property is well positioned within the Beaconsfield precinct, offering proximity to:
Diamond Pavilion Shopping Centre
Medical facilities and schools
Fuel stations and convenience retail
Major arterial routes linking the broader Kimberley region
This ensures consistent tenant demand and long-term occupier stability.
Investment Highlights
Large-scale commercial holding in a key provincial capital
Strong government-backed tenancy component
Immediate income with significant vacancy upside
Flexible configuration for multi-tenancy or owner-occupation
High visibility and accessibility along Central Street
Attractive entry point relative to replacement cost and scale
Opportunity
This asset is ideally suited to:
Investors seeking yield with value-add potential
Institutions targeting government-backed income streams
Owner-occupiers requiring a regional headquarters or operational hub
Developers exploring repositioning or refurbishment strategies
Summary
A rare opportunity to acquire a landmark commercial property in Kimberley, combining scale, location and income potential.
With a solid underlying income stream and significant upside through leasing and repositioning, the property offers a compelling investment case for those seeking both immediate returns and long-term capital growth.
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
5,801m²
Land Size
10,956m²
