5,193m² Retail For Sale in Kwazakhele, CL34768

Einzelheiten

The subject property boasts an impressive GLA of approximately ± 5 193m², which sits on an erf which is 10 625m² in size. It s enclosed by means of palisade fencing and has one main gate for entry and exit which can be opened and closed on demand for additional security. This unique property has a number of retail spaces which are occupied by smaller tenants with 2 main spaces which are reserved for stronger, national tenants.

One of these spaces are currently being occupied by Cashbuild which makes way for a high volume of foot traffic as this is one of the main retail outlets in which consumers can easily acquire building materials at a reasonable cost.

The other large retail space has recently been vacated by one the countries leading supermarket chains. This results in the site having excellent potential for improvement in the current income which translates to upside. This centre is well positioned in an area which experiences high vehicular and foot traffic, making it an extremely attractive opportunity for all prospective investors who are looking to enhance their rural retail portfolio. In addition to this, the property enjoys a high number of parking bays which service the customers well.