NO TRANSFER DUTY
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Prime Income-Producing Commercial Investment in the Heart of Louis Trichardt
A substantial, income-producing commercial property in the heart of the city's established professional district.
This office block offers approximately 600m² of net lettable space on a 1,427m² stand, combining larger office areas with smaller, flexible suites. The upper level provides roughly 300m² of office accommodation, with an additional 300m² on the top floor—ample room for professional practices, corporate offices, and established businesses.
The layout comprises multiple smaller office units, each featuring practical configurations of private offices, reception areas, storerooms, and kitchen facilities. This multi-tenant design delivers diversified rental income, reducing reliance on any single occupier and strengthening the investment profile.
Crucially, the property is fully tenanted, with a strong history of occupancy by professional businesses. It currently generates a net yield in excess of 10% , offering the purchaser immediate, established cash flow from day one.
Parking is well provided for, with a mix of covered and open bays. The property also benefits from secure premises and backup water infrastructure—including tanks and a pressure pump—an increasingly essential feature for commercial occupiers in the region.
Situated on central Devenish Street, the building sits within Louis Trichardt's premier commercial and professional node. This location is particularly attractive to attorneys, accountants, consultants, medical practitioners, financial services firms, and other office-based tenants seeking a prestigious CBD address.
For the discerning investor, 24 Devenish Street delivers the fundamentals that matter:
· Prime CBD location
· Established, diversified tenancy
· Versatile office accommodation
· Immediate income stream
· Scale for meaningful commercial returns
Whether acquired as a long-term income-producing asset or integrated into a broader portfolio, this property represents a compelling opportunity to secure a flagship office building in one of Louis Trichardt's most established commercial nodes.
Well-positioned. Fully let. High-yielding. Serious investment potential.
Asking Price is Vat Exclusive. Asking Price + Vat = R5 002 500.00
This office block offers approximately 600m² of net lettable space on a 1,427m² stand, combining larger office areas with smaller, flexible suites. The upper level provides roughly 300m² of office accommodation, with an additional 300m² on the top floor—ample room for professional practices, corporate offices, and established businesses.
The layout comprises multiple smaller office units, each featuring practical configurations of private offices, reception areas, storerooms, and kitchen facilities. This multi-tenant design delivers diversified rental income, reducing reliance on any single occupier and strengthening the investment profile.
Crucially, the property is fully tenanted, with a strong history of occupancy by professional businesses. It currently generates a net yield in excess of 10% , offering the purchaser immediate, established cash flow from day one.
Parking is well provided for, with a mix of covered and open bays. The property also benefits from secure premises and backup water infrastructure—including tanks and a pressure pump—an increasingly essential feature for commercial occupiers in the region.
Situated on central Devenish Street, the building sits within Louis Trichardt's premier commercial and professional node. This location is particularly attractive to attorneys, accountants, consultants, medical practitioners, financial services firms, and other office-based tenants seeking a prestigious CBD address.
For the discerning investor, 24 Devenish Street delivers the fundamentals that matter:
· Prime CBD location
· Established, diversified tenancy
· Versatile office accommodation
· Immediate income stream
· Scale for meaningful commercial returns
Whether acquired as a long-term income-producing asset or integrated into a broader portfolio, this property represents a compelling opportunity to secure a flagship office building in one of Louis Trichardt's most established commercial nodes.
Well-positioned. Fully let. High-yielding. Serious investment potential.
Asking Price is Vat Exclusive. Asking Price + Vat = R5 002 500.00
Features
Zoning
Commercial
Title
Freehold
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
600m²
Land Size
1,427m²
