AUGUST AUCTION | Mixed Use | Δημοπρασία
On Auction 22 August: Exceptional Investment Opportunity With Established Long-term Tenant
On Auction 22 August: Exceptional Investment Opportunity With Established Long-term Tenant
Property Highlights:
• Tenant: Virgin Active Gym (located between Waterfall Mall and Food Lovers Market) • Lease Term: Fully occupied with a new 7- year triple-net lease. • GLA: 3000m2 • Erf: 6322m2 • Solar income opportunity
• Facilities: • 3 x squash courts • Heated pool • Steam room • Club V kids • State-of-the-art gym equipment • Comprehensive fitness offerings, including strength training, functional training, ride studio, row classes, and Watt bikes • Internet workstations • Kauai Health Foods café • Accessible change rooms • Spacious locker rooms and changing facilities • Offices • Fitness assessment facilities • Access controlled secure private parking +- 101 x bays
The subject property is located in Cashan, Rustenburg, and is connected to The Waterfall Mall, accessible via Augrabies Avenue. The immediate surroundings feature a significant commercial footprint, complemented by a large residential component. The N4 and R24 arterial roads provide convenient access to Rustenburg and other parts of the country. Additionally, the locality offers a wide range of recreational activities and amenities, easily accessible to all residents in the area.
This represents a rare opportunity to acquire a premier commercial property, anchored by a renowned tenant with a secure, long-term lease. The facility boasts an array of high-quality amenities, making it an attractive investment for those seeking a stable income stream and a prime location.