Retail Shopping Centre for sale in Stellenbosch

Property Type: Commercial

ZAR 25,000,000

Web Ref: 11968

1985 m²

Erf Size

970 m²

Floor Size

Exclusive sole mandate. FULLY LET! This commercial property offers a unique investment opportunity with a superb gross annual income. The property consists of a small local convenience shopping centre, comprising 6 retail shops with a gross lettable area of approximately 970m². Each of the shops is currently tenanted. They are also small and in high demand, which ensures a vacancy factor of virtually zero.

Situated on the boundary between Stellenbosch and Kayamandi the property enjoys good exposure, with large amounts of vehicle and pedestrian traffic during business hours. Additionally, the exposure of the property is enhanced by the surrounding commercial properties and taxi exchange.

If you are looking to expand your portfolio or secure a reliable source of income, this property offers exceptional value.

Listed price excludes VAT

Contact me for more information.

Details

Area Stellenbosch
Erf Extend 1985 m²
Rates & taxes ZAR 8,160.00

Features

Location