Prime Multi-Tenant Investment | 21 General Dan Pienaar Drive | 7 Existing Tenants | ±700 m² Improvements | Exceptional Growth Potential Location: 21 General Dan Pienaar Drive, Brandwag, Bloemfontein, Free State

PRIME INCOME-GENERATING INVESTMENT OPPORTUNITY!

An established investment property combining immediate rental income, prominent street exposure, diversified tenants and exciting opportunities for future growth. Positioned along General Dan Pienaar Drive in Brandwag, Bloemfontein, this versatile multi-tenant property presents an attractive opportunity for investors seeking an established income-producing asset with long-term capital appreciation potential. Situated on a generous ±1,410.5 m² erf, with approximately 700 m² of improvements, the property offers eight potential rental spaces, seven of which are currently occupied. Five of the existing premises benefit from direct street-facing exposure, while 16 paved parking bays provide convenient access for customers, tenants and visitors. Currently generating approximately R1 MILLION in annual gross rental income, the property combines established cash flow with opportunities for rental growth, cosmetic improvements and alternative future uses. An established investment today, with the potential to unlock even greater value tomorrow.

ESTABLISHED RENTAL INCOME & INVESTMENT POTENTIAL

One of the property’s strongest advantages is its existing multi-tenant structure. With seven occupied rental spaces, the property generates income from multiple tenants rather than relying on a single occupant. This diversified rental structure provides an established income base and may help reduce exposure to individual tenant vacancies.

CURRENT GROSS RENTAL INCOME

• Monthly rental income: ±R83,500
• Annual rental income: ±R1,002,000

POTENTIAL GROSS RENTAL INCOME

• Potential monthly rental income: ±R95,500
• Potential annual rental income: ±R1,146,000

Additional rental income could potentially be achieved through adjustments to existing rental arrangements and the renovation and successful letting of the eighth rental space. This represents potential additional gross rental income of approximately R144,000 annually. Rental figures are based on seller-provided information and are subject to verification against lease agreements. Amounts represent gross rental income before operating expenses. Future rental projections are not guaranteed.

STRATEGIC LOCATION – GENERAL DAN PIENAAR DRIVE

A prominent address with valuable business visibility. The property is situated along General Dan Pienaar Drive, an established route connecting residential and commercial areas of Bloemfontein. Its location offers attractive exposure for customer-facing businesses and convenient access for visitors. The surrounding urban environment provides a setting for a variety of commercial and service-related activities. As businesses increasingly consider accessible locations outside traditional central business districts, properties offering street exposure, parking and adaptable accommodation may appeal to a broad range of prospective tenants. Key location advantages include:

• Prominent position along General Dan Pienaar Drive
• Established Brandwag location
• Five street-facing business premises
• Convenient customer and visitor access
• 16 paved parking bays
• Existing multi-tenant activity
• Potential to enhance street-facing visibility through exterior improvements

The property’s location, accessibility and existing layout contribute to its appeal as an income-generating investment.

GENEROUS ERF SIZE & SUBSTANTIAL IMPROVEMENTS

Erf Size: ±1,410.5 m² Improvements: ±700 m² The property offers substantial existing improvements across a versatile multi-tenant layout. Its configuration includes a combination of adaptable internal spaces and covered areas, supporting different operational requirements. The existing improvements provide a foundation for continued rental use, while offering opportunities for future upgrades, space optimisation and potential additional income generation. The property’s generous erf size and established infrastructure contribute to its long-term investment appeal. All measurements are approximate and subject to verification.

SEVEN OCCUPIED SPACES – ONE ADDITIONAL RENTAL OPPORTUNITY

The property currently accommodates seven tenants across separate rental spaces. An additional eighth space is vacant and requires renovation before it can be marketed for occupation. This provides investors with an opportunity to increase the property’s rental capacity without relying solely on the existing tenants. Subject to the necessary improvements, municipal approvals and tenant demand, the additional space could potentially generate a further income stream. Seven established rental spaces, with an opportunity to unlock an eighth.

EXCELLENT STREET EXPOSURE & CUSTOMER ACCESSIBILITY

The property’s position along General Dan Pienaar Drive is one of its strongest commercial advantages. Five of the existing rental premises enjoy direct street-facing exposure, providing valuable visibility for tenants. The property also offers 16 paved parking bays directly in front of the business premises, supporting convenient access for customers and visitors. The combination of street visibility, parking availability and multiple rental spaces contributes to the property’s appeal for a variety of potential tenants.

VERSATILE TENANT ACCOMMODATION

A key strength of this investment is its ability to accommodate tenants with different operational requirements. The existing layout offers a combination of street-facing premises, adaptable internal spaces and additional areas suitable for a variety of activities, subject to applicable land-use permissions. This versatility may appeal to businesses operating within sectors such as:

• Hospitality and food services
• Personal care and wellness
• Professional and administrative services
• Specialist retail
• Creative studios
• Fitness and lifestyle services
• Other service-oriented businesses

The ability to accommodate different tenant requirements offers investors flexibility when considering future leasing strategies. Rather than depending entirely on one type of business, the property provides opportunities to attract tenants from different sectors, subject to the relevant approvals.

RESIDENTIAL 2 ZONING – ADDITIONAL LAND-USE POSSIBILITIES

An important investment feature is the property’s Residential 2 zoning and the additional uses identified in the municipal documentation. According to the Mangaung Metropolitan Municipality zoning confirmation dated 3 February 2026, the property is identified as Erf 14018 and zoned Residential 2 (including Guesthouse).

PRIMARY PERMITTED USES

• Dwelling house
• Guesthouse

ADDITIONAL USES SUBJECT TO MUNICIPAL CONSENT

• Commune
• Conference facility
• Place of refreshment
• Telecommunication infrastructure

These land-use possibilities provide investors with opportunities to explore alternative property configurations and future development concepts, subject to the necessary municipal approvals.

DEVELOPMENT PARAMETERS

The municipal zoning confirmation indicates the following for specified uses:

• Coverage: 60%
• Floor area ratio: 1.2
• Height: 2 storeys
• Street building line: 7 metres

The guesthouse parking requirement is indicated as one parking bay per bedroom. FUTURE DEVELOPMENT POSSIBILITIES Depending on applicable municipal approvals, planning requirements and feasibility, investors may wish to investigate alternative uses or redevelopment concepts. These could include residential accommodation, guesthouse facilities, professional consulting premises or other appropriate uses, where legally permitted. Any conversion, redevelopment or change of use would require the necessary planning assessments and approvals. The existing zoning does not automatically authorise unrestricted commercial activities, medical facilities, townhouse developments or other proposed uses. All existing and future land uses must be independently verified with the municipality.

VALUABLE INFRASTRUCTURE & OPERATIONAL FLEXIBILITY

The property benefits from existing infrastructure that may support a variety of tenant requirements.

BOREHOLE & WATER STORAGE

An existing borehole, together with a 5,000-litre water storage tank, provides additional water infrastructure. This may offer operational benefits and reduce reliance on municipal water for certain uses, depending on the borehole’s capacity, water quality and operating condition.

THREE-PHASE ELECTRICITY

The property is equipped with three-phase electricity. This infrastructure can be advantageous for tenants with higher electrical requirements, subject to the installed capacity and individual operational needs.

PREPAID ELECTRICITY

Prepaid electricity infrastructure is available on the premises, providing a practical arrangement for electricity management.

PAVED PARKING

The property offers 16 paved parking bays directly in front of the premises, providing convenient access for customers, tenants and visitors.

AN OPPORTUNITY TO UNLOCK GREATER VALUE THROUGH RENOVATIONS

One of the property’s most exciting features is the potential to significantly enhance its appearance through relatively straightforward cosmetic improvements. A fresh coat of paint, updated exterior finishes, improved signage and general aesthetic upgrades could transform the building’s overall presentation. Given its position along General Dan Pienaar Drive, a refreshed exterior could make the property more visually prominent, create a stronger impression on passing motorists and improve its appeal to prospective tenants. These improvements could help reposition the property as a more attractive destination without necessarily requiring extensive structural alterations. For investors with vision, this presents an opportunity to enhance the property’s marketability while building on its existing rental-income foundation.

INVESTMENT OPPORTUNITY – ADD VALUE, INCREASE APPEAL

A strategic cosmetic upgrade could make a noticeable difference to the property’s overall appearance. With improved exterior presentation and the renovation of the vacant eighth space, a new owner could potentially enhance both the visual appeal and income-generating capacity of the property. The opportunity is not simply to acquire an existing investment, but to improve, reposition and potentially increase its value over time.

PROPERTY HIGHLIGHTS

• Prime position at 21 General Dan Pienaar Drive
• Established Brandwag location
• Erf measuring approximately 1,410.5 m²
• Approximately 700 m² of improvements
• Seven existing tenants
• One additional vacant rental space requiring renovation
• Five street-facing business premises
• 16 paved parking bays
• Approximately R1 million in annual gross rental income
• Potential for additional rental income
• Residential 2 zoning, including guesthouse use
• Additional land-use possibilities subject to municipal consent
• Borehole with 5,000-litre water storage tank
• Three-phase electricity
• Prepaid electricity infrastructure
• Flexible multi-tenant property configuration
• Opportunities for cosmetic renovations and exterior upgrades
• Potential for future rental optimisation
• Established income-producing investment
• Long-term capital appreciation potential

SALE & TRANSFER INFORMATION

The property is being sold by a private individual. The seller has indicated that transfer duty rather than VAT will apply to the transaction, subject to confirmation by the appointed conveyancer or tax adviser. Purchasers should make provision for applicable transfer costs.

WHY THIS PROPERTY DESERVES SERIOUS INVESTOR ATTENTION

1. ESTABLISHED CASH FLOW Approximately R1 million in annual gross rental income from an existing multi-tenant property. 2. DIVERSIFIED TENANT STRUCTURE Seven existing tenants provide multiple rental income streams. 3. ADDITIONAL RENTAL POTENTIAL A vacant eighth space offers an opportunity for renovation and future letting. 4. PRIME STREET EXPOSURE Five street-facing premises along General Dan Pienaar Drive. 5. GENEROUS LAND & IMPROVEMENTS A ±1,410.5 m² erf with approximately 700 m² of improvements. 6. VALUABLE INFRASTRUCTURE Borehole, 5,000-litre water storage tank, three-phase electricity and prepaid electricity infrastructure. 7. CONVENIENT PARKING 16 paved parking bays directly in front of the premises. 8. FLEXIBLE PROPERTY CONFIGURATION Adaptable rental spaces that may appeal to different tenant sectors, subject to applicable approvals. 9. VERSATILE ZONING POSSIBILITIES Residential 2 zoning, including guesthouse use, with certain additional uses available subject to municipal consent. 10. VALUE-ADDING RENOVATION POTENTIAL Opportunities to improve the property’s exterior appearance, enhance market appeal and optimise rental capacity.

AN ESTABLISHED INVESTMENT WITH EXCITING FUTURE POTENTIAL

This property represents more than an opportunity to acquire land and buildings. It offers an established income-producing asset with multiple tenants, valuable infrastructure, substantial improvements and the opportunity to unlock additional value. With approximately R1 million in annual gross rental income, seven occupied rental spaces, five street-facing premises, convenient parking and a vacant eighth space awaiting renovation, the property offers investors a compelling combination of existing income and future potential. The opportunity to enhance its exterior appearance, optimise rental arrangements and explore alternative land uses further strengthens its long-term investment appeal. For investors seeking an established rental-income property with room for improvement and growth, 21 General Dan Pienaar Drive is an opportunity worth exploring.

SECURE YOUR NEXT INVESTMENT OPPORTUNITY!

±R1 MILLION ANNUAL GROSS RENTAL INCOME ±1,410.5 m² ERF ±700 m² IMPROVEMENTS 7 EXISTING TENANTS + 1 VACANT RENTAL SPACE 5 STREET-FACING PREMISES 16 PAVED PARKING BAYS RESIDENTIAL 2 ZONING WITH ADDITIONAL LAND-USE POSSIBILITIES EXCELLENT COSMETIC RENOVATION POTENTIAL BOREHOLE | 5,000 L WATER TANK | THREE-PHASE ELECTRICITY 21 GENERAL DAN PIENAAR DRIVE, BRANDWAG, BLOEMFONTEIN

SERIOUS INVESTORS – DON’T MISS THIS OPPORTUNITY!

Established income. Multiple tenants. Excellent exposure. Additional rental potential. An opportunity to add value. Contact us today for further property information, rental documentation or to arrange a private viewing. ENQUIRE TODAY | ARRANGE A VIEWING | SUBMIT YOUR OFFER All information is supplied in good faith and remains subject to independent verification. Rental income, operating expenses, lease agreements, property measurements, land-use rights, municipal approvals, transaction tax treatment and future development potential must be confirmed by prospective purchasers.