A not-to-be-missed retail investment opportunity
Retail properties are highly sought-after, and this particular investment opportunity shines brightly for savvy investors. Strategically located in bustling Brakpan, 538 Voortrekker Road boasts high foot traffic, continuous exposure, and demand for blue-chip retail in the area. This expansive property covers a GLA of 1320m2 and a projected gross annual income of R1 066 954. Generous on space, this property also features a large yard, providing additional space and flexibility for investors with a vision.
Our thoughts on this property
A comment from Abraham Ajibade, Auction Executive for Galetti Auction on this property: “As it stands, this property is a blank canvas with plenty of potential – be it for redevelopment or acquiring key tenants looking to capitalise on high foot traffic in a prominent area. Retail is all the rage right now and investors are hungry for new opportunities – be sure not to miss out on this one.”
Registered Owner: Zaakir Prop Pty Ltd
Registration Number: 1988/0068/26
VAT Registered: Yes
Want to place your bid?
Register to join us at our not-to-be-missed auction on 14 September 2023! The auction starts at 12pm at Summer Place, Hyde Park.
Find out more about this property: https://galetti.co.za/auction/
