2093m² of Retail Space for Sale at Entire Centre

Retail For Sale, 2093m² @ R 32 500 000,00 *

Prime Investment Opportunity in Bellville Cape Town!

This prime retail centre, strategically located at the bustling intersection of Durban Road and Frans Conradie Drive, spans an impressive 2,093m² and hosts eight fully tenanted units, making it a standout investment opportunity. The property's prominent positioning ensures exceptional visibility and accessibility, attracting a steady flow of foot traffic and enhancing the overall appeal for potential tenants. With the N1 Freeway just a minute's drive away, this location not only serves the immediate community but also captures a broader customer base, further solidifying its potential for long-term growth.

Currently generating a robust gross annual income of R2,758,000, this retail centre provides investors with a secure and reliable return. The diverse tenant mix includes established businesses that have thrived in the area for years, reflecting a low turnover rate and minimizing vacancy risks. This stability, combined with the property's excellent exposure, presents a compelling case for investment, offering the opportunity to benefit from a steady cash flow while capitalizing on the area's growth potential. Whether you are an experienced investor or looking to diversify your portfolio, this retail centre promises both immediate and sustained financial rewards.