Commercial Building for sale in White River

Unlock Exceptional rental yield and versatile industrial capability with this prime commercial property in the heart of White River's. Perfectly configured for multi-tenant occupancy or an owner-occupier looking to offset costs with rental income, this building offers high-functionality workshop space, sub-metered utilities, and robust infrastructure.

Key Investment Highlights

• High-Yield Multi-Tenant Structure: Designed to maximize rental income with three distinct operational sections (Parts A, B, and C).

• Strong Current Cash Flow: Anchor tenants already in place, including an established mechanic shop since 2023 and a newly signed lease through 2027, bringing immediate stability.

• Significant Upside Potential: Part C (324 m² workshop + Wendy house) is currently vacant, offering an immediate value-add opportunity for an owner-occupier or an additional ~R22,900/month in rental income.

• Heavy-Duty Power Infrastructure: Equipped with 3-Phase Electricity (80 Amps) across two separate supply lines, ideal for manufacturing, automotive, or heavy machinery operations.

• Turnkey Compliance: Comes complete with a valid Electrical Certificate of Compliance (C.O.C.).

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Property & Tenant Breakdown

Part A

• Space: 368 m² Main Workshop + 121 m² Covered Lean-to

• Status: Long-term tenant since Nov 2023 (currently month-to-month, keen to sign a new 1-year lease)

• Rental: R21,500 / month (Excl. VAT) | Escalation: 8% p.a.

Part B

• Space: 34 m² Store + 206 m² Lean-to + 64 m² Dedicated Spray Booth

• Status: Fixed-term lease locked in from 01/02/2026 to 31/01/2027

• Rental: R15,000 / month (Excl. VAT) | Escalation: 10% p.a.

Part C — Available / Vacant

• Space: 324 m² Main Workshop + On-site Wendyhouse

• Potential: Projected market rental of R22,900 / month (Excl. VAT) — perfect for immediate leasing or direct business use.

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Streamlined Utility & Expense Recoveries

This property is designed for hassle-free management with direct tenant utility recoveries:

• Prepaid Electricity & Water: Sub-metered via Mbombela with water reimbursements handled seamlessly through Water Watch.

• Municipal Rates & Refuse: Business rates at R6,399.26/month; refuse fee (R725.09 incl. VAT) cleanly split across tenants.

• Direct Service Fees: Tenants pay their own municipal service fees directly when purchasing electricity.

Contact Yvonne, your Pam Golding Agent, for a private viewing.