Prime Business Opportunity in Belhar
Located on corner of Belhar Drive and Paardeberg, Belhar. This freehold Mini Shopping Mall spans 2,382sqm and is currently home to 8 established tenants, ensuring consistent, diversified rental income.
The seller recovers all municipal expenses from the tenants, including rates and taxes, further strengthening the net return. With a diverse mix of long-term tenants already in place, this retail centre not only promises stability but also significant growth potential in a dynamic area experiencing increasing foot traffic.
Currently, the property operates as a bustling shopping market that generates an impressive annual rental revenue of R1,700,000, offering an attractive yield of approximately 9%.
The eight established tenants are U Save, Surgery, Car Wash, STD Bank ATM, Cash & Carry, Barber Shop, ATC SA Communication Towers and Fisheries.
For further information or to arrange a private viewing.
The seller recovers all municipal expenses from the tenants, including rates and taxes, further strengthening the net return. With a diverse mix of long-term tenants already in place, this retail centre not only promises stability but also significant growth potential in a dynamic area experiencing increasing foot traffic.
Currently, the property operates as a bustling shopping market that generates an impressive annual rental revenue of R1,700,000, offering an attractive yield of approximately 9%.
The eight established tenants are U Save, Surgery, Car Wash, STD Bank ATM, Cash & Carry, Barber Shop, ATC SA Communication Towers and Fisheries.
For further information or to arrange a private viewing.
Monthly Rates
R3,543
Features
Zoning
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
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