4,099m² Retail For Sale in Dalpark, CL34826

Details

Prime Fully Let Investment – National Tenants & 10-Year Sale and Leaseback

This fully let commercial property presents a rare and high-yielding investment opportunity, generating a gross annual income of R3.6 million. Anchored by a 10-year sale and leaseback agreement with a well-established tenant, the asset provides secure, long-term income from a blue-chip covenant.

Complementing the anchor lease are two national tenants, each with strong leases and excellent tenant history, ensuring reliable and diversified cash flow.

Additional income is generated through prominent signage rights, further enhancing the property's revenue profile. A solar power system is installed on-site, significantly reducing operational costs and adding to the property's sustainability credentials.

The property also features a vacant retail unit, offering an immediate opportunity to further increase the already substantial rental income.

Strategically positioned just off the N17 highway, the property sits in one of Brakpan’s fastest-growing commercial zones. The area is experiencing a surge in development, with recent completions including Makro and Build-it, and further large-scale projects planned, ensuring long-term demand and capital growth.

This is an exceptional opportunity to acquire a high-performing, future-proof asset in a thriving commercial hub.

• GAI R3,6 million
• ERF size 8,977m2
• GLA 4,099m2
• 10 year lease with Tile-Crazy
• National tenants Cherry and Plumblink

Going on Auction on the 16th of October, don't miss out.