Location

Summary

GLA of ±9 486m² over twelve floors including expansive basement.
Gross Income of ±R6,5m per annum
42% occupancy with primarily government tenants
Fantastic commercial income opportunity in Kimberley Central

Situation

The property is in a well-serviced node that is easily accessible via the N12 (Quinn Street), the R54 (Lennox Street) and the N8 which all converge in the central business district.

All within close proximity is the Big Hole, Oppenheimer Gardens as well as a plethora of retail offerings. Mining, agriculture and administration comprise the major economic industries in the region. It’s central location within the Kimberley CBD and proximity to public amenities, shopping centres, offices and tourist attractions make it a potentially fit candidate for a residential or mixed-use conversion.

Description

12-floor office building located in the Kimberley CBD. The building is a stilted concrete and brick construction hosting an expansive basement with ramped access from Du Toitspan Road. The ground floor stretches over the erf with tenanted protrusions from the main building, as well as detached offices, providing a walkway between Du Toitspan and Woodley Roads.

The building then follows a similar floorplate across floors 1-6, followed by an expanded plate from floors 7-11. All upper floors are serviced by two passenger lifts and one service lift that leads to a central walkway hosting office spaces on either side segregated by non-load bearing wall divisions. Each floor hosts a security gate, bathrooms and kitchenettes. The exterior features a concrete and face brick façade with decorative tiling on ground floor.

Title Deed and Zoning Information

Title Deed Information

Title Deed Number: T827/2013

Legal Description: Erf 10405 Kimberley

Registered Owner: Delta Property Fund Limited

Local Authority: Sol Plaatje Municipality, Northern Cape

Extent: 3,430 m²

Zoning Information

Zoning: Business 1 – Business premises

Height Restriction: Not specified

Coverage: 60%

F.A.R: 3.0 or 10,290 m²

Parking: As per land use scheme

Building Lines: 4.5m from street boundary and 2m from other boundaries

Contacts

CBRE Excellerate
The Property Pact
Lance Chalwin-Milton	+27 83 255 9275 lance@thepropertypact.com

See website for full details : https://www.cbre-x.online

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