115 2nd St, Springs New for Sale in Springs Central

Springs, Gauteng

Live Auction

2025-04-02 12pm | Killarney Country Club

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This vacant car dealership/showroom is ideally positioned on Second Street in Springs, offering a high-exposure location with strong foot traffic. Previously operated as a Mahindra dealership, the property boasts a balanced 50/50 showroom to workshop ratio, prepaid electricity, and is in excellent condition as an A-grade building.

The property spans 1,716 m² of showroom space and is perfectly suited for motor dealerships or similar retail operations. With a projected GAI of R1,320,000 and a calculated net annual income of R881,211, this site presents a strong investment opportunity in a well-established automotive hub.

Erf Number:
Erf 361

Township:
Springs

ERF Size:
309 m²

GLA:
1,716 m²

Property Description:
Projected GAI: R1,320,000
Prepaid Electricity
50/50 Showroom to Workshop Ratio
Located on Second Street – High Foot Traffic
A-Grade Building in Excellent Condition
Previous Mahindra Dealership

VAT Registered:
Yes - 4280193493

Municipal Information:
• Municipality: Ekurhuleni
• Monthly Rates: R18,292

Title Deed Information:
• Number: T41561/2011
• Municipal Area: Ekurhuleni

Building for Sale

Building	Type	Price	Size
Mahindra Dealership	Retail	R 0	1716 m²

* all prices quoted include VAT and are subject to T&C's.

Location

Darius van Niekerk

Property Specialists

(072)-080-9288

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