Township Retail Centre On Auction: 4 Myataza Street, Khayelitsha Shopping Centre, Nonqubela, Khayelitsha

Retail On Auction, 3004m² @ POA

Township Retail Centre

Live Auction: 4 December 2025!

This exceptional investment opportunity offers a projected Net Annual Income of R4,949,544, underpinned by a solid tenant mix of national anchors including Boxer Superstore, FNB, and Nedbank. Their presence ensures reliable, long-term rental income and consistent customer traffic. The property enjoys a prime position in Khayelitsha’s busy commercial hub, offering strong visibility, easy access, and steady footfall from the surrounding community. This is a secure, income-generating asset with proven stability and growth potential in one of the Western Cape’s most active trading zones.

Designed for versatility and long-term sustainability, the property combines retail, commercial, and warehouse components, offering multiple income streams and flexible re-letting options. High-quality finishes, including durable tiled flooring, modern lighting, and well-maintained interiors, reflect attentive management and upkeep. A large paved yard with ample truck access and parking enhances operational efficiency for anchor tenants and logistics users alike. This is a turnkey, fully functional investment that blends strong fundamentals with immediate income and long-term upside potential.

Key Features

• Projected Net Annual Income: ±R4,949,544

• Anchored by national brands including Boxer Superstore, FNB & Nedbank

• Strategically located in a busy commercial area of Khayelitsha with strong visibility and accessibility

• Diversified income streams with retail, commercial and warehouse components

• Well-maintained interiors with tiled flooring and modern lighting

• Large paved yard with truck access and ample parking

• Section 1 available for sale: ±3,004m²

• Monthly Rates: ±R8,341

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.