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Summary
Prime Location & Trade Area
- Situated at PDP Kruger and Kiewiet Street, centrally located within a thriving commercial node.
- Surrounded by residential areas, ensuring a strong base of employees, clients, and customers.
Exceptional Visibility & Amenities
- High exposure with approximately 120m frontage onto PDP Kruger.
- Unique lakefront setting with views of Lake Umuzi, walking trails, and an onsite entertainment area.
- Superior infrastructure, including shaded and basement parking, a 10,000litre JoJo tank, solar PV backup, and an industrialsize generator.
Strong Tenant & Secure Investment
- Sale and leaseback structure ensures immediate cash flow.
- Long term lease with an established EPC industry leader strategically located near Sasol.
- Secure environment with palisade fencing, a guardhouse, and a vibrant mix of hospitality and recreational establishments.
Vibrant Commercial Node & Future Growth Potential
- Mixed-use hub with restaurants, healthcare offices, boutique hotels, and a retail centre.
- Overlooks AquaZone Waterpark and benefits from first mover advantages in a growing region.
Leaseback agreement set at market rent for an initial 10 year term, with an option for a further 10 years.
Location
Mpumalanga is bordered by Mozambique and Eswatini. It is made up of three district municipalities: Gert Sibande, Nkangala and Ehlanzeni. It is home to the famous Kruger National Park, where South Africa’s big five animals can be spotted roaming the reserve. The province is also famous for God’s Window, the Three Rondavels, and the Blyde River Canyon.
Economically, the province is popularly known for its coal mining operations. Mpumalanga is singlehandedly responsible for approximately 80% of the country’s mined coal. In 2022, the province contributed close to 8% of South Africa’s GDP.
The largest industries in the Gert Sibande local municipality, where the property is situated, are manufacturing, mining, energy generation/supply, and agriculture. The area is home to Eskom, Mondi and other gold and coal mines. Sasol also has operations in the town via Secunda CTL – the world’s largest coal liquefaction plant. This facility is essential to the mining and agriculture industry, and supplies approximately 30% of the country’s liquid fuels.
A 2022 census revealed the province had a population of 5,143,324 – making it the 6th most populous in the country. Its working age population (1564 years) is healthy at of 66,4%, with Sasol being the primary employer in the area.
Situation
The site is located in Secunda Central, a node busting with activity thanks to its presence of schools, offices, restaurants and shops. The town was built to house the labour force in response to the construction of Sasol facilities which produce synthetic fuel, diesel and related petrochemicals.
Secunda is situated in the Govan Mbeki local municipality – which contributed approximately 10,6% to Mpumalanga’s economy. This makes it the 4th largest contributing municipality out of the province’s 17. The town has wellestablished infrastructure and is densely populated with approximately 40,000 inhabitants.
Secunda has an airfield, which is located on the SouthWest outskirts of the town, facilitating easy access from other cities and provinces. Additionally, the town has a casino and country club, which together, attract tourists and highincome earners.
Secunda Mall has been the only regional shopping centre in the locality since it opened its doors in 2013. With over 90 shops to choose from, shoppers from the neighbourhood and surrounds are spoilt for choice. Whether topping up on household essentials or meeting friends over a cup of coffee this mall attracts considerable traffic.
Description
The property is a triple storey Grade A office building with a detached security office at the main entrance. Built in 2012 with suitability principles, the property is of an outstanding quality with its timeless design being informed by green building principles. The site also features an entertainment area, is situated along the banks of Lake Umuzi, and has along with it, ample parking and backup electricity.
The property is visually striking and is made up of three stories of office space, one full subbasement for parking and a detached entertainment area. The contemporary and futureproof design makes it an attractive investment, positioning it to benefit from future developments and growth.
The office boasts impressive views of Lake Umuzi and has access to walking trails, restaurants and shops. Step into an impeccably crafted office complex designed to achieve premium rental rates and attract top tier tenants.
