Hoedspruit - MR631524

Commercial in Hoedspruit, Limpopo, Limpopo

R 11,500,000

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1230m2
2107m2
Hoedspruit - MR631524
Commercial in Hoedspruit, Limpopo, Limpopo
R 11,500,000
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Key Features

Services

  • Rates and Taxes R12000

More Features

  • Property Type - Commercial
  • Seller Type - Private Property
  • Floor Area - 1230m2
  • Erf Size - 2107m2
  • Price per square floor meter - R9,350 per m2
  • Price per square erf meter - R5,458 per m2

MyRoof Stats

  • 120 Views
PID=631524 DID=655696 SID=1

A prime commercial property nestled at the heart of Hoedspruit, boasting a double-storey retail/office building at the coveted corner of Koedoe and Buffel Streets. Spanning 1,230m² of lettable space, this property is fully occupied, offering a lucrative investment opportunity. Equipped with modern amenities, including split air conditioning units and a borehole with a water tank and pressure pump, it ensures convenience and efficiency for tenants. Additionally, a solar photovoltaic system installed in 2021, comprising 60 x 445W JA Solar panels and a 29kw Huawei grid-tie inverter, underscores its commitment to sustainability and cost-effectiveness. Parking is ample, with a paved yard featuring covered and open spaces. The property benefits from a secure perimeter with a time-controlled gate system, ensuring safety and peace of mind. Notably, a 29 KW solar supplementary feed-in system with ESKOM wheeling supplies approximately 30% of the building's power consumption, further enhancing its appeal as a sound investment. Moreover, the property enjoys long-standing tenant relationships, with some occupants having been in residence since 2016. Its strategic location offers excellent visibility from both Koedoe and Buffel Streets, enhancing its commercial viability. In addition to its functional attributes, this property presents a compelling investment opportunity in Hoedspruit - a town renowned for its vibrant economy and burgeoning real estate market. With shares in the company available for sale, facilitated by a loan agreement with Investec, or the option to purchase outright, this property offers flexibility to potential investors. Furthermore, the inclusion of insurance replacement value of R32 million, encompassing the building and solar system, underscores its intrinsic value and potential for future appreciation. Don't miss the chance to acquire this meticulously maintained property, offering a blend of modern amenities, strategic location, and promising returns on investment. VAT [hidden];


Hoedspruit, located in the Limpopo Province of South Africa, is a quaint town nestled at the foot of the Klein Drakensberg Mountains. Surrounded by vast wilderness, including private game reserves like the famous Kruger National Park, Hoedspruit is a haven for nature lovers and wildlife enthusiasts. The town serves as a gateway to several renowned safari destinations, making it a hub for eco-tourism and adventure activities. Hoedspruit boasts a warm climate year-round, with dry winters and hot summers, making it an ideal destination for outdoor exploration. Visitors can embark on thrilling safaris to spot the Big Five, enjoy scenic hot air balloon rides, or explore the Blyde River Canyon, one of the largest green canyons in the world. In recent years, Hoedspruit has witnessed a surge in commercial development, particularly in the real estate sector. Investing in commercial properties in Hoedspruit presents several compelling opportunities:


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