R 18 540 000
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7 011 m² Commercial space in Pretoria Central

7 011 m²

For Sale: Motor Dealership/Distribution Centre at Princess Park, Pretoria CBD

Property Overview:

Address: Corner of Visagie Street & Prince''s Park Avenue, Pretoria CBD, Gauteng

Total GLA (Gross Lettable Area): 7,011 m2

Location: Situated in Pretoria''s CBD, an area known for car dealerships and government departments. The property is well-connected with access to public transport options, including the Metrorail, bus services, and taxis. It is also easily accessible from the Ben Schoeman Freeway, providing excellent connectivity.

Property Features:

Property Type: Motor Dealership / Distribution Centre

Configuration:

Top Level: High visibility to Visagie Street, ideal for showrooms or customer-facing operations.

Mid-Level: Dual access from both sides of the property, enhancing logistical efficiency.

Bottom Level: High-volume warehouse space with accessible yard area, suited for distribution and storage.

Roller Doors: 6 (4 on-grade doors and 2 off-grade doors)

Fire Sprinklers: None

Financials:

Rates and Taxes Expense: R365,897

Insurance Expense: R123,479

Occupancy Details:

Tenant Status: Vacant (0% occupancy)

WALE: 0.0 years as of January 2025

Princess Park offers a versatile setup with multiple levels and high visibility, ideal for motor dealerships or distribution center needs. Its central location and accessibility make it an attractive investment or redevelopment opportunity in Pretoria CBDs active commercial area.

Property details

  • Listing number T4854041
  • Property type Commercial
  • Listing date 5 Nov 2024
  • Floor size 7 011 m²

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