LIQUIDATION – COMMERCIAL PROPERTY WITH EXCEPTIONAL POTENTIAL IN NIEUW MUCKLENEUK

Nieuw Muckleneuk is an established, upmarket mixed-use suburb located to the east of the Pretoria CBD. The area comprises a combination of residential properties, sectional title developments, professional offices, embassies, and medical practices.

It enjoys excellent accessibility via major arterial routes, including Justice Mahomed Street (formerly Walker Street), and is conveniently situated close to Brooklyn, Groenkloof, Bailey’s Muckleneuk, Hatfield, the University of Pretoria, Loftus Versfeld Stadium, and several major hospitals.

The suburb is well served by shopping centres, schools, medical facilities, and public transport, making it a sought-after location for both residential and commercial occupiers.

The subject property is zoned for commercial use and is currently improved with office accommodation comprising:

• Reception area
• Waiting area
• Open-plan work area
• 8 x Offices (including one with an en-suite bathroom)
• Kitchen with built-in cupboards
• Two additional bathrooms and a separate toilet
• Storage
• Single lock-up garage
• Covered parking for approximately four vehicles

Additional features include air conditioning to selected offices, burglar bars, security gate, wooden and carpeted flooring, and a combination of fluorescent lighting, downlighters, and skylights.

The property presents an opportunity for refurbishment and modernization. While maintenance is required in certain areas, the existing improvements offer good potential for commercial occupation or redevelopment.

Extent: 1716m²
Monthly Rates: ± R 10 617.62 (Estimated)
Monthly Refuse: ± R 447.05 (Estimated)