Description

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 applicable. 

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: With its proximity to iconic wildlife reserves and growing popularity as a safari destination, Hoedspruit experiences a steady influx of tourists throughout the year. Investing in commercial properties such as this one, can capitalize on the thriving tourism industry. Situated along major transportation routes and close to popular tourist attractions, commercial properties in Hoedspruit enjoy strategic positioning. This makes them attractive for businesses catering to tourists and locals alike. The supply of commercial properties in Hoedspruit is relatively limited compared to the increasing demand driven by tourism and related industries. This imbalance creates favorable conditions for investors seeking high rental yields and capital appreciation. Overall, Hoedspruit's unique blend of natural beauty, tourism potential, and favorable investment climate makes it an attractive destination for savvy investors looking to capitalize on the burgeoning eco-tourism industry in South Africa.