NOVEMBER AUCTION | Investment | Enchères
Prime Mixed-Use Investment Opportunity – Delta Heights, 167 Andries Street, Pretoria Central
Delta Heights is a landmark building in the heart of Pretoria CBD, offering a rare opportunity for investors and developers alike.
The property features a substantial GLA of 19,959 m² on an erf of 3,410 m², comprising quality ground-floor retail space anchored by Mr Price, with upper office floors currently occupied by the Compensation Fund. Their lease concludes at the end of the year, unlocking significant upside potential for either a residential conversion or securing a major commercial tenant.
Erf size: 3,410 m²
GLA: 19,959 m²
Zoning: Business 1
Annual Gross Income: ±R26 million
Anchor tenant: Mr Price
Strategically positioned in Pretoria’s bustling central node, this asset offers strong holding income, excellent accessibility, and massive redevelopment potential.
A prime location and an exceptional investment opportunity not to be missed.