Highlands Lofts Urban Living, nestled in the vibrant city of Johannesburg, offers a modern and dynamic student accommodation experience. Boasting a total of 268 beds, this contemporary living space is designed to cater to the diverse needs of today’s students.
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LOCATION! SECUNDA CBD! LOCATION!
This extensive commercial property is located in the center of the Secunda CBD, which enjoys high traffic volumes, great main road exposure, and the benefit of being surrounded by well-established businesses. The Sanlam Plaza falls within the Secunda Plaza Hub.
Secunda is known as an industrial and commercial center and is easily accessible via a network of main routes that allow easy access to all surrounding suburbs which includes the R546 and N17 highways.
The CBD of Secunda is a thriving commercial and business hub and is well supported by local businesses and patrons. The CBD services the local occupants and the populations of the many surrounding towns, i.e., Bethal, Trichardt, Secunda, Evander, Kinross, Leandra, Embalenhle, etc.
The Sanlam Plaza Building boasts a basement area with storage and parking, a ground floor area with lettable units for retail shops/takeaway outlets/restaurants and/or office spaces, and a first floor with offices and 12 en-suite guestroom units and a large open space (undeveloped).
Rental
There are currently 16 of 18 units occupied with a monthly income of ±R221 342.47 in addition to Levies collected of approximately R62 141.53pm (variable). The levies include the water, refuse and sewerage costs and are variable.
There is large portion of the 1st floor of the building that is not being utilized, which can be developed to increase the lettable area. This area can potentially become:
- Educational / Training Centre
- Professional / Attorney’s Office
- Call Centre
- Showroom
- Document Storage Space.
- Medical Suites
The building has an elevator from the basement to the 1st floor and a 75kVA generator. The building has basement parking, a delivery and loading bay.
This is an excellent investment opportunity with ample business opportunities for an investor. The building has excellent exposure with high traffic volumes. Situated in the center of the CBD, on Taxi Route and Bus routes, there is a very high volume of foot traffic and exposure.
All Uses are subject to Zoning Permitted Uses / Applications for additional Permitted Uses.
Upside
The current combined monthly gross rental income for the building is ± R283,484.00 p/m but has the potential to be much higher when fully let. There are an additional 2 units that are currently vacant.
In addition, there is a large portion of the 1st floor of the building that is not being utilized, which can be developed to increase the lettable area.
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CURRENT TENANTS |
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TENANT |
MONTHLY RENTAL |
ANNUAL RENTAL |
LEASE EXPIRY DATE |
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Polar Ice-cream |
R44,000.00 |
R528,000.00 |
30/03/2025 with option to renew |
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STEERS |
R22,338.75 |
R268 065,00 |
30/03/2025 with option to renew |
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College on Hills |
R31,050.00 |
R372 600,00 |
30/03/2025 with option to renew |
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Hollow Heart |
R4,193.49 |
R50 321,88 |
30/03/2025 with option to renew |
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Old Mutual |
R14,000.00 |
R168 000,00 |
30/03/2025 with option to renew |
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Sanlam Blue Star |
R9,315.00 |
R111 780,00 |
30/03/2025 with option to renew |
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Morris – Sanlam |
R8,084.50 |
R97 014,00 |
30/03/2025 with option to renew |
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Santam |
R12,305.00 |
R147 660,00 |
30/03/2025 with option to renew |
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House of Cosmetics |
R10,263.75 |
R123 165,00 |
30/03/2025 with option to renew |
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Goldex |
R9,026.98 |
R108 323,76 |
30/03/2025 with option to renew |
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Sacotapo |
R5,750.00 |
R69 000,00 |
30/03/2025 with option to renew |
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Ditheto Accounting |
R3,910.00 |
R46 920,00 |
30/03/2025 with option to renew |
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Psychologist (MB Mgcina) |
R7,245.00 |
R86 940,00 |
30/03/2025 with option to renew |
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Thully Guest House |
R21,000.00 |
R252 000,00 |
30/03/2025 with option to renew |
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EBJ Construction |
R9,660.00 |
R115 920,00 |
30/03/2025 with option to renew |
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Afrobeat Flavour |
R9,200.00 |
R110 400,00 |
30/04/2025 with option to renew |
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TOTAL |
R221,342.47 |
R2,656,109.64 |
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Municipal Account
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ERF |
PORTION |
MUNICIPAL VALUATION |
REBATE |
MONTHLY RATES |
|
8349 |
5 |
R25 100 000.00 |
N/A |
R57 745.83 |
Based on Tax invoice issued by Govan Mbeki Municipality on 22 April 2024.
142.7981 Ha Sand Mine and Quarry situated on the R573, only 16,8 km from Cullinan and 16,9 km from Zambesi North which falls within the ever-expanding residential area earmarked for development in the northeast of Tshwane.
This extensive property is a well-established sand quarry that has been in operation for years with the infrastructure in place and the perfect ratio of workstations situated on the property including a big warehouse, workshops, and offices.
This mine supplies building material to wholesale and retail clientele. The mine is also geared to provide and supply material for all future and current urban developments in and around the mine, in addition to the current output.
With its expansive size, vicinity, and abundant natural resources, this sand mine presents the availability of high-quality of the following Mineral Opportunities:
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Red Building Sand Known as a base aggregate product, red building sand is mainly used for filling purposes, such as leveling surfaces before a construction project commences. This makes it an ideal, and much-needed, building material most often utilized for building and landscaping purposes. |
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Washed Plaster Sand This sand is used for mixing plaster for building applications. The ideal plastering sand is generally fine, sharp, angular (never worn or rounded), and clean, with a diversity of particle sizes. |
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Screened / Washed River Sand River sand is one of the most used building materials as it is needed to produce concrete and cement. Natural river sand, mined from riverbeds, is the preferred choice due to its fine consistency. Since the sand has been subjected to water for years, its silt and clay content is very low, making it ideal for building purposes. |
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Builders Mix / Crusher Run This user-friendly building material is used in all kinds of construction projects, both small and large. The mix consists of a blend of building sand and aggregate. To use it for construction purposes, only cement and water are required. Most often, a builder's mix is used for the installation of concrete. |
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G5 Subbase – Road build material G5 Sub-Base Material is a crushed product with a top size of 53mm down to fine dust. It is a specific product used below the G2 layer in the road construction industry and can also be compacted and used for foundation purposes. This material may contain approved natural fines not obtained from parent rock. |
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G6 – G9 Natural Filling G6 Sub-Base Material is used as filling and a base course under roads and paving. This material may contain approved natural fines not obtained from parent rock. The nominal maximum size for uncrushed material is 2/3 of the compacted layer and for crushed material 63mm before compaction. |
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G7 Sub-Base Material Used as filling and a base course under roads and paving. This material may contain approved natural fines not obtained from parent rock. The nominal maximum size for uncrushed material is 2/3 of the compacted layer and for crushed material 74mm. |
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Green and White Clay for brick-making Clay suitable for the making of bricks is found on the mine. Tests have been done and samples of the different clay bricks possible are available. Clay bricks are cheaper and more cost-effective to produce, as the time necessary to bake at high temperatures is reduced, compared to the normal standard brickmaking process. |
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Silica Sand Industrial sand and gravel, often called "silica," "silica sand," and "quartz sand," include sands and gravels with high silicon dioxide (SiO2) content. These sands are used in glassmaking; for foundry, abrasive, and hydraulic fracturing (frac) applications; and for many other industrial uses. Silica sand is also widely used on golf courses for filling bunkers and surrounding waste bunkers. |
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