12B | Vacant 3-Storey Building | Institutional, Office & Education Rights | R3.4m Triple-Net

Summary

A prime opportunity to acquire a vacant, well-maintained 3-storey institutional building with exceptional repositioning and multi-use potential in Vanderbijlpark. Portion 12 of Erf 4 presents a strategic investment case, combining a prominent location, substantial existing imp rovements, and flexible land-use rights that support a wide range of future uses. This is not merely a single-use property, but a conversion-ready asset suited to institutional, office, education, retail-support, and other value-add applications. Positioned on Frikkie Meyer Boulevard with excellent access to the R59 and surrounding arterial routes, the property benefits from strong exposure, accessibility, and convenience within an established commercial and institutional node. The approved planning framework materially strengthens the asset’s appeal by permitting institutions, offices, places of instruction, retail trade, shops, places of refreshment, places of amusement, and related uses. This significantly expands both the occupational and investment appeal, creating opportunities for owner-occupiers, developers, institutional users, and private investors. The property’s vacant status, good condition, lift access, and established internal layout make it particularly attractive as a ready-to-adapt building with reduced lead time for occupation or conversion. Its previous occupation by Eduvos on a triple-net basis further demonstrates the building’s suitability for large-scale institutional tenancy and reinforces its potential for education providers, training colleges, office users, consulting groups, and investors seeking a prominent, income-producing or repositioning asset in a key regional location.

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