Search Here
Subscribe
godove media
Auction Operation Home Site Top Banner

JQ NORTH-WEST - COMMERCIAL PROPERTY, DEVELOPMENT PROPERTY, INVESTMENT PROPERTY

PRIME INVESTMENT SALE QUEST FILLING STATION , RUSTENBURG, NW

DESCRIPTION:

Prime Investment Sale Quest Filling Station , Rustenburg, Nw

Opening Bid R17 490 000
Closure Date: TBC
Time: TBC

Property Address: -25.787120, 27.240368
Erf & Suburb & City: RE of Ptn 74 Farm 327 COMMISSIESDRIFT Reg Div: JQ NORTH-WEST
Deeds Office: 
Deed No.: T1960/2022
Size: 5.458 ha
Municipality: Rustenburg

FEATURES:

Description
Prime Investment Sale | Quest Filling Station | Rustenburg, NW
Quest Filling Station – Rustenburg, NW Triple Net Lease Until December 2032 + 5 Current Net Annual Income: R1 664 515 Average Literage: ± 140 000 litres

LOCALITY
Rustenburg is a City at the foot of the Magaliesberg mountain range. Rustenburg is the most populous city in North West province, South Africa. In 2017, the city's Gross Domestic Product reached ZAR 63.8 billion, accounting for 21.1% of the GDP of the North West Province, and 1.28% of the GDP of South Africa.

DESCRIPTION OF IMPROVEMENTS T
he subject property comprises of 5.458 ha erf which has been improved by an operational Quest branded filling station with a convenience store. The site is located on the R25 route in Rustenburg.
The property is improved as follows:

Petrol Station 
  • Large Quest forecourt: 1 x canopies, 4 x fuel islands, 12 pumps with 4 x dispensing bays
  • There 3 x subterranean tanks
  • 2 x ULP95 tanks, 1 x ULP93 tank and 3 x above ground Diesel50 Tanks
  • Retail convenience ‘Olifantsnek vulstaste’ shop
  • Ablution
  • Bederf restaurant
  • Yard
  • Customer parking
  • Truck stop parking
Additional Buildings 
  • 3 Bedroom house
  • 3 x Rental flatlets (open plan bachelor, 1 bedroom, and 2 bedrooms)
  • 2 x dilapidated small holdings
  • Liquor store
  • Fruit and Veg retail store
2nd Building
  • 4 x staff bedrooms with outside sharing shower and toilet
  • All the pumps, tanks and forecourt are owned by Quest Fuel.
Summary of Tanks (according to operators on site) 
  • 1 x 23 000l subterranean Petrol Tank (ULP 95)
  • 1 x 14 000l subterranean Petrol Tank (ULP 95)
  • 1 x 14 000l subterranean ULP 93 Tank
  • 3 x 23 000l above ground tanks (Diesel 50ppm)
LITERAGE (According to Owners)
  • Average literage on site is 140 000 litres.
  • Access The property has excellent access – there are 2 access and exit points both exiting into the R25.
Services
The site has 3-Phase ESKOM power supplied. There is backup generator and solar as well.
  • liquidity middle click
  • Royal Academy middle site right
  • PVA Banner
  • michael james site left bottom
  • South African Auction College
  • WH auctions site click right