A-Grade Licensed 60-Bed Psychiatric Hospital – Immediate Occupation | R18m | ±R2.0m GAI Potential
127
Ref. No - BFS937928
South Africa, GautengRef. No - BFS937928
Sector - Property
Summary
• Fully Licensed for Psychiatric Hospital (60 Beds) • Prime standalone investment (Unit 12B sold separately). • Vacant, A-grade, move-in ready; exceptionally well maintained. • Minimal immediate capex required; core elements in excellent condition. • Proven NNN tenant suitability (previously leased to Eduvos). • Attractive entry price: R18 million (owner-occupier or investor). • Strong income potential: GAI/Projected income ±R1,997,424 p.a. • Lean operating profile: annual expenses ±R124,719. • Major upside for mixed-use redevelopment (subject to approvals). • Modern medical infrastructure: lift access, ward ablutions, canteens. • Excellent node/access: near Vaal Mall & VUT. • Fast activation: immediate occupation or quick re-letting.
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