1,438m² Retail For Sale in Oakdale

R32,500,000

Web Ref No CL83

Discover an exceptional investment opportunity in Bellville, Cape Town, with this prime retail centre perfectly positioned at the vibrant intersection of Durban Road and Frans Conradie Drive. Spanning 2,093m², this well-established property features eight fully tenanted units, ensuring a steady and reliable income stream. Its strategic location offers outstanding visibility and easy accessibility, drawing consistent foot traffic from both the local community and passing motorists. The proximity to the N1 Freeway, just a minute away, enhances the centre's reach, making it an ideal hub for retail tenants and attracting a diverse customer base that contributes to its long-term growth prospects.

Currently generating a gross annual income of R2,758,000, this retail centre presents a secure and lucrative investment opportunity. The tenant mix comprises reputable, long-standing businesses, which contribute to low vacancy rates and minimal turnover, providing investors with peace of mind and stable cash flow. The property's prominent positioning and robust income make it a compelling addition to any investment portfolio, offering the potential for ongoing financial gains as the Bellville area continues to grow and develop. Whether you're an experienced investor or seeking to diversify, this retail centre combines immediate income with promising future appreciation.

For further information and to arrange viewings, kindly contact Ryan Sass

Features

Zoning Retail
Monthly Rates R13,831.00pm Excl. VAT
Monthly Levy R2,435.00pm Excl. VAT
Floor Size 1,438m²
Land Size 2,093m²
Security Yes