Tenanted Retail Units in a High Demand Node On Auction: Section 438 & 439 The Claremont

Retail On Auction, 169m² @ POA

Tenanted Retail Units in a High Demand Node

Live Auction: 4 December 2025!

This prime investment opportunity offers a projected Net Annual Income of R519,962, making it a compelling addition to any commercial property portfolio. Strategically located within a high-demand mixed-use node, the property benefits from strong foot traffic and excellent visibility from Main Road, factors that consistently attract quality tenants and sustain rental demand. With a WALE (Weighted Average Lease Expiry) of 1.3 years, investors can enjoy a solid short-term income outlook while retaining the flexibility to renegotiate or renew leases in a rising market.

The asset is perfectly positioned for convenience, with seamless access to public transport, major arterial routes, and a vibrant mix of surrounding retail and lifestyle amenities. This low-maintenance building is well-managed, housing responsible tenants who ensure consistent income and minimal operational hassle. Offering a well-balanced commercial mix, the property includes a professional office unit and a retail cellphone store, providing income diversification within a single, efficiently run asset. This is an ideal opportunity for investors seeking stability, growth potential, and a foothold in a thriving location.

Key Features

• Projected net annual income: ±R519,962

• High-demand mixed-use node with strong foot traffic and Main Road visibility

• WALE: 1.3 years

• Easy access to public transport, major arterials, retail and amenities

• Well-managed building with responsible tenants and low upkeep requirements

• Two units: professional office + retail cellphone store

• Sectional Extent: 46m² + 123m²

• Monthly Rates: ±R3,544

• VAT Registered: Yes

Auction Terms and Buyer Info

• Buyer Costs: 16.5% payable on auction day

• Registration Fee: R50,000 (live/venue) | R100,000 (online/telephonic)

All bids are legally binding. The highest bidder must sign the Auction Sale Agreement immediately; failure to do so results in forfeiture of the registration deposit. Property is sold voetstoots, with no warranties, and bidders must provide valid FICA documentation before registering. The sale is subject to a reserve price unless stated otherwise.