#5 • #5 • Parkridge - ESTABLISHED MIXED-USE COMMERCIAL INVESTMENT – MULTIPLE INCOME STREAMS

Part of Multi-Prop Auction 26 November (timed auction by Auction Station)

Starting at R1,800,000.00

Status: Available

OPENING BID: R1,800,000 Business Zone 1 | 474 m² Erf | 298 m² Under Roof | R31,500 Monthly Rental  An exceptional opportunity to acquire a versatile, income-generating commercial property combining established retail operations, service businesses, food-related enterprises and residential accommodation, all within one strategically positioned premises. This freehold property offers investors and owner-operators an attractive combination of diversified rental income, existing business infrastructure and future commercial flexibility. With six identified income-producing components, the property has a combined gross rental of R31,500 per month, equivalent to R378,000 per annum. COMMERCIAL & RETAIL FACILITIES The property accommodates several established business activities, each contributing to the versatility and income potential of the investment. Supermarket / Convenience Store An established neighbourhood retail outlet featuring: Retail floor space with fitted shelving and display units. Refrigerated beverage display cabinets and freezer facilities. Dedicated customer service and checkout areas. Secure shopfront with burglar protection. Prominent exterior advertising and signage. Convenient access from the paved forecourt. Butchery  A dedicated butchery premises designed for meat processing, preparation and retail sales, incorporating: Fully tiled walls and floors. Refrigerated meat display counters. Customer service counters and checkout facilities. Stainless-steel preparation and working surfaces. Food preparation and washing areas. Hand-washing facilities and cold-storage infrastructure. A built-in cold room, included in the property sale. Security cameras and burglar-protected windows. The butchery is currently owner-operated, presenting an opportunity for a purchaser to continue or expand the existing operation, subject to a separate business acquisition agreement. Hair & Beauty Salon An attractively fitted salon providing a dedicated space for personal care and beauty services. Features include: Modern tiled flooring and neutral interior finishes. Multiple styling and treatment stations. Salon mirrors, worktops and wash facilities. Partitioned treatment areas offering client privacy. Reception and waiting space. A neat, contemporary interior suitable for continued salon operations or alternative service-related uses. Shisanyama & Outdoor Entertainment Area A distinctive feature of the property is its established outdoor food preparation and seating facilities. Permanent brick-built braai and cooking stations. Covered veranda with substantial face-brick support pillars. Fixed wooden picnic-style tables and benches. Shaded customer seating and dining areas. Direct access to the supermarket and forecourt. These facilities offer an attractive setting for food sales, takeaway services and informal dining. Car Wash Facilities The paved exterior provides an allocated area for car-washing operations, with convenient vehicle access and space for customer parking. RESIDENTIAL ACCOMMODATION The property further benefits from two two-bedroom flats, providing an additional residential income stream independent of the commercial operations. The accommodation offers a practical combination of residential living and commercial convenience. Features include: Two-bedroom accommodation in each flat. Living and dining areas. Kitchen and bathroom facilities. Tiled finishes. Natural lighting and ventilation. Upper-level living space with balcony access and surrounding neighbourhood views. The residential component broadens the property's appeal to tenants and provides additional income diversification. OUTDOOR FACILITIES & SECURITY The property is complemented by practical infrastructure supporting its multiple commercial operations. Generously paved forecourt providing vehicle access and customer parking. Covered vehicle bay and shaded external working areas. Secure steel palisade fencing and gated access. Face-brick columns and covered pedestrian veranda. Permanent outdoor braai facilities. Large water-storage tanks supporting additional on-site water capacity. Burglar bars and security gates. CCTV surveillance equipment positioned throughout various areas. Dedicated ablution facilities. Prominent signage opportunities and accessible street frontage. BUTCHERY BUSINESS & EQUIPMENT OPPORTUNITY The established butchery presents an additional opportunity for an investor or entrepreneur wishing to operate a business from their own commercial premises. Included in the property sale: The built-in cold room, forming part of the immovable property, is included at no additional cost. The operating butchery business may also be considered for acquisition as a going concern, with turnover information available separately to interested purchasers. AN INVESTMENT WITH MULTIPLE POSSIBILITIES This property offers an attractive opportunity for investors seeking diversified commercial and residential income, as well as entrepreneurs wishing to establish or expand business operations. Its Business Zone 1 zoning, existing retail facilities, functional butchery premises, salon accommodation, outdoor dining areas and two residential flats provide considerable operational flexibility. Whether retained as a multi-tenanted investment, partially owner-occupied or repositioned to suit alternative business requirements, the property provides a substantial foundation for ongoing income generation. PROPERTY AT A GLANCE Opening Bid: R1,800,000 Property Type: Freehold mixed-use commercial Zoning: Business Zone 1 Erf Extent: 474 m² Building Area: Approximately 298 m² Commercial Uses: Retail, butchery, salon, car wash and shisanyama Residential: 2 × two-bedroom flats Gross Monthly Rental: R31,500 Gross Annual Rental: R378,000 Cold Room: Included AN OPPORTUNITY NOT TO BE MISSED Acquire a versatile commercial property with established trading infrastructure, multiple income opportunities and residential accommodation in one convenient location. OPENING BID: R1,800,000 Contact Thompson Prop / Auction Station for further information, viewing arrangements and auction registration details. Auction terms and conditions apply. The opening bid is not a representation of the final selling price. Rental figures are subject to the applicable tenancy arrangements and represent gross income or income potential, as indicated.