3,000m² Investment For Sale in Cashan
POA
Virgin Active, Waterfall Mall, 2 Augrabies Avenue
Web Ref No CL34566
Exceptional Investment Opportunity With Established Long-term Tenant
Exceptional Investment Opportunity With Established Long-term Tenant
Property Highlights:
• Tenant: Virgin Active Gym (located between Waterfall Mall and Food Lovers Market)
• Lease Term: Fully occupied with a new 7- year triple-net lease.
• GLA: 3000m2
• Erf: 6322m2
• Solar income opportunity
• Facilities:
• 3 x squash courts
• Heated pool
• Steam room
• Club V kids
• State-of-the-art gym equipment
• Comprehensive fitness offerings, including strength training, functional training, ride studio, row classes, and Watt bikes
• Internet workstations
• Kauai Health Foods café
• Accessible change rooms
• Spacious locker rooms and changing facilities
• Offices
• Fitness assessment facilities
• Access controlled secure private parking +- 101 x bays
The subject property is located in Cashan, Rustenburg, and is connected to The Waterfall Mall, accessible via Augrabies Avenue. The immediate surroundings feature a significant commercial footprint, complemented by a large residential component. The N4 and R24 arterial roads provide convenient access to Rustenburg and other parts of the country. Additionally, the locality offers a wide range of recreational activities and amenities, easily accessible to all residents in the area.
This represents a rare opportunity to acquire a premier commercial property, anchored by a renowned tenant with a secure, long-term lease. The facility boasts an array of high-quality amenities, making it an attractive investment for those seeking a stable income stream and a prime location.