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SOLE AND EXCLUSIVE MANDATE.
This corner property is situated in the main street of Frankfort in the Orange Free State, next to the Mafube Municipal buildings. Mafube in Sesotho means “Dawning of the new day” and the Municipal boundaries include Frankfort, Villiers, Cornelia and Tweeling.
Frankfort has been on the front pages of all major newspapers lately for the legal battle between ESKOM and Rural Free State (RFS). The farming community of around 5800 people, 140Km south of Johannesburg, started using locally produced energy in February 23 to lessen the impact of crippling nationwide power cuts that can last up to 12 hours a day. The new solar farm is up and running producing power and they have divided the town into various zones for loadshedding purposes and Zone 3 with the commercial buildings do not get any loadshedding. This property then situated in Zone 3.
As seen with the pictures, in the early years this property was used as a filling or fuel station before it was converted to a panel beater workshop called Rossouw Panel Beaters. It was a well known and profitable owner run panel beating business with a very good reputation for the quality of workmanship and was the only panel beating business in the whole Mafube municipal district. Sadly, the owner passed away, leaving a gap in the market and now the community must take their vehicles to Vereeniging or Bethlehem for repairs. The family decided to sell the commercial building and the spray booth and equipment, like the 2-Post Car lift and 25KVA generator are not included with the asking price.
This property is perfectly suited for a McDonalds Drive through or even a small Woolworths Supermarket, but the new owners can decide on the future of these premises in this prime location. The erven are measuring 1454 square meters and the buildings under roof measuring approximately 1115 square meters with 100% coverage permitted or allowed on the erven. There are already a few well known franchises that moved into this little booming town, like for example, Clicks, KFC, The Courier Guy etc.
These days everyone is thinking about going of the grid and being self-sustainable, but in this town the community got together and put processes in place for the whole community or municipal area to be self-sustainable as the Wilge river also meander through Frankfort and Villiers. The river is important as part of the Tugela-Vaal Water Transfer Scheme where water is transferred from the Tugela River basin to the Vaal River basin. The Mafube Business Forum can be contacted for more information on the future plans for the region, like for example the new mixed zone development planned for Franfort and the future planned Industrial Zone in Villiers just off the busy main route on the N3 from Gauteng to Durban. This area could be the next semigration hotspot in South Africa with an abundance of water supply and renewable energy.
Contact Bertie van Deventer today to make your appointment to view this unique investment opportunity if you want to be one of the first investors in this little booming town situated within an hour’s drive from Gauteng, the economical business hub of South Africa.
