Commercial Property for auction in Olifantsnek, Rustenburg

Opening Offers and bids From R16 000 000,00 negotiated

Prime Investment Opportunity – Olifantsnek, Rustenburg

Purchasers are responsible for a 10% commission plus VAT payment on the agreed purchase price, payable to Rawson Auctions on the fall of the hammer.

Going on Auction 26 August 2026

Secure a high-performing commercial investment with this fully tenanted petrol station, ideally located on the busy R24 at Olifantsnek, just outside Rustenburg. Offering an attractive rental income of R144,000.00 per month, secured by a lease in place until 2032, this property provides investors with reliable long-term cash flow and exceptional income stability. The property boasts extensive commercial improvements designed to support a successful fuel retail operation, including a 150 m² retail store, a 150 m² restaurant and bakery, a 300 m² service area comprising a fully equipped kitchen, storerooms and toilet facilities, a 100 m² convenience store, and an expansive 4,000 m² forecourt capable of accommodating high vehicle volumes and commercial traffic. Also included in the sale is a residential component consisting of a 4-bedroom house, 2-bedroom flatlet, three bachelor flatlets as well as a storeroom and 4 garages. Positioned on the well-travelled R24 route linking Rustenburg and surrounding areas, the property enjoys excellent visibility, accessibility and consistent passing traffic, ensuring continued commercial demand and long-term investment appeal. Whether you're looking to expand your commercial property portfolio or secure a hassle-free, income-producing asset with strong tenant security, this exceptional investment opportunity should not be missed. The seller is registered for VAT allowing for the transaction to be zero rated.

This property is offered subject to a reserve price. All bids and offers are subject to confirmation by the seller.