2,950m² Building For Sale in Kimberley Central, CL35002

Λεπτομέριες

On Tender 15 June 2026: Prime Government-Tenanted Commercial Asset

An exceptional opportunity to acquire a strategically located, government-tenanted commercial property in the heart of Kimberley’s central business district.

Purpose-built for the South African Revenue Service (SARS), this well-maintained office building offers investors secure income, strong underlying fundamentals, and future upside potential within one of the Northern Cape’s key administrative hubs.

Property Overview

Positioned on a prominent corner site, the property comprises a freehold commercial building with a total gross lettable area of approximately ±2,950 m², set on an erf of ±4,995 m².

GLA: ±2,950 m² ERF Size: ±4,995 m² Building: Two-storey office block (purpose-built) Parking: ±70 bays Access: Excellent access via Bean Street

The building has been designed to accommodate large-scale administrative operations, making it highly functional for both single-tenant and multi-tenant use.

Income & Tenancy Profile

The asset benefits from a blue-chip government tenant, providing income stability with future rental growth potential:

Tenant: South African Revenue Service (SARS) Lease expiry: June 2028 Current occupancy: ±58% (with ±42% vacancy)

The existing vacancy provides a clear value-add opportunity through lease-up, enabling investors to significantly enhance returns over time.

Location & Accessibility

Situated within Kimberley’s CBD, the property enjoys:

High visibility on a prominent corner site Immediate access to major transport routes (N12 & R64) Proximity to government offices, retail amenities and commercial nodes A strong surrounding administrative and commercial ecosystem

Kimberley, as the provincial capital, remains a key regional centre driven by government services, mining activity, and established infrastructure.

Investment Highlights Government-backed tenancy (SARS) ensuring income security Strategic CBD location with strong exposure and accessibility Attractive income with rental reversion potential Large, flexible floor plates suited to institutional users Significant vacancy upside (±42%) Well-maintained, purpose-built office asset Opportunity

This property presents a compelling opportunity for:

Investors seeking secure, defensive income with upside Funds targeting government-tenanted assets Value-add investors focused on leasing and repositioning strategies Owner-occupiers requiring a large-format corporate facility Summary

A rare opportunity to acquire a government-anchored commercial building in Kimberley’s CBD, offering a combination of stable income, strategic location, and clear upside potential.

With a strong tenant covenant already in place and the ability to unlock further value through leasing, this asset represents a balanced investment opportunity combining income resilience with growth potential.