NEW
Web Ref CL35047
ON AUCTION - 20th AUGUST 2026 - Fully Let Retail Investment with Blue-Chip Tenant
Fully Let Retail Investment Blue-Chip Tenant
Positioned along the prominent Rustenburg Road in Krugersdorp West, this well-maintained freestanding retail property presents an outstanding opportunity to acquire a secure, income-producing commercial investment underpinned by a long-standing blue-chip tenant.
The property comprises a 565m² erf with an approximate Gross Lettable Area (GLA) of 550m² and is 100% occupied by MIDAS, one of South Africa's most recognised automotive retail brands. The tenant has occupied the premises for many years and remains committed under a lease expiring 31 January 2028, with a further renewal option available.
The property currently generates a Gross Monthly Income of R42,853, equating to a Gross Annual Income of R514,236. The lease is structured on a double net basis, with the tenant responsible for virtually all operating expenses and utilities, providing investors with a predictable income stream and reduced landlord obligations.
The property enjoys excellent exposure along a busy arterial route and benefits from convenient on-street parking, further enhancing its long-term trading appeal and accessibility.
With secure cash flow from a proven national tenant, minimal landlord responsibilities and strong lease fundamentals already in place, this is an ideal acquisition for investors seeking a stable, defensive commercial investment with immediate income from date of transfer.
Investment Highlights
Freestanding commercial investment
Erf Size: 565m²
Gross Lettable Area (GLA): 550m²
100% occupied
Long-standing blue-chip tenant – MIDAS
Lease expires 31 January 2028
Renewal option included
Gross Monthly Income: R42,853
Gross Annual Income: R514,236
Double net lease with tenant responsible for virtually all operating costs and utilities
Excellent street frontage and exposure
Convenient on-street parking
Immediate income-producing investment
Positioned along the prominent Rustenburg Road in Krugersdorp West, this well-maintained freestanding retail property presents an outstanding opportunity to acquire a secure, income-producing commercial investment underpinned by a long-standing blue-chip tenant.
The property comprises a 565m² erf with an approximate Gross Lettable Area (GLA) of 550m² and is 100% occupied by MIDAS, one of South Africa's most recognised automotive retail brands. The tenant has occupied the premises for many years and remains committed under a lease expiring 31 January 2028, with a further renewal option available.
The property currently generates a Gross Monthly Income of R42,853, equating to a Gross Annual Income of R514,236. The lease is structured on a double net basis, with the tenant responsible for virtually all operating expenses and utilities, providing investors with a predictable income stream and reduced landlord obligations.
The property enjoys excellent exposure along a busy arterial route and benefits from convenient on-street parking, further enhancing its long-term trading appeal and accessibility.
With secure cash flow from a proven national tenant, minimal landlord responsibilities and strong lease fundamentals already in place, this is an ideal acquisition for investors seeking a stable, defensive commercial investment with immediate income from date of transfer.
Investment Highlights
Freestanding commercial investment
Erf Size: 565m²
Gross Lettable Area (GLA): 550m²
100% occupied
Long-standing blue-chip tenant – MIDAS
Lease expires 31 January 2028
Renewal option included
Gross Monthly Income: R42,853
Gross Annual Income: R514,236
Double net lease with tenant responsible for virtually all operating costs and utilities
Excellent street frontage and exposure
Convenient on-street parking
Immediate income-producing investment
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
550m²
Land Size
565m²
