A rare opportunity on one of Gezina’s busiest commercial corridors, this 2,200m2 GLA mixed use asset on a 2,552m2 erf offers exceptional visibility, strong existing income, and significant upside for value add investors.
The property comprises a durable double storey brick and mortar structure with a Chromadek mono pitch roof, designed to support a blend of retail, light industrial, and office operations.
Property Highlights
Ground Floor: High Visibility Retail + Industrial Component
Retail Strip (Steve Biko Road Frontage):
Industrial/Warehouse Section (Eastern Wing):
First Floor: Flexible Office Suites
Three independent office wings, each with:
Perfect for professional services, medical practitioners, training centres, or co working operators.
Zoning & Use Rights
Business 1 permits:
This zoning makes the property suitable for a wide range of commercial tenants.
Location Advantages
Zoning: Business 2
Prime Mixed-Use Investment: High-Visibility Retail and Office Hub on Steve Biko Road
This premier mixed-use commercial property, located on Steve Biko Road in Gezina, Pretoria, offers a versatile investment opportunity with a Gross Lettable Area (GLA) of approximately 2,200m2 on a 2,552m2 erf. The site features a double-story brick-and-mortar building with a durable c9hromadek mono-pitch roof, designed to accommodate a blend of retail, industrial, and office operations.
Strategically positioned for maximum exposure, the ground floor serves high-visibility retail shops along Steve Biko Road, while the eastern section houses an industrial warehouse component with supporting office space.
The interior layout is highly functional, with the retail areas including a reception, sales space, storage, and offices. The industrial segment is equipped with a warehouse, staff accommodation, and specialized facilities like a directors' bathroom and social area. For administrative needs, the first floor is partitioned into three distinct office sections, each featuring dedicated boardrooms, kitchenettes, and reception areas. The retail portions of the building are currently fully tenanted, contributing to a Gross Annual Income (GAI) of approximately R1,426,680, while the office spaces remain vacant, offering significant upside potential for a new owner.
Under the Tshwane Land Use Scheme 2024, the property is zoned as "Business 1" permitting a wide range of activities including business buildings, shops, showrooms, and motor dealerships.
Ideally situated near major routes like the M5 and R101, the property ensures easy connectivity for both staff and customers, further enhanced by its proximity to Gezina Galleries.
