NEW
Web Ref CL9476
R19,600,000
63 paardeberg
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Monthly Levy
R1
R1
Monthly Rates
R3,176
R3,176
Special Levy
R1
R1
High-Yield Investment Opportunity – Fully Let Retail Property in Belhar
Now available for sale: a fully tenanted retail investment anchored by Shoprite USAVE, offering an attractive 8.6% cap rate on long-term leases.
This freehold mini shopping mall spans 2,382sqm and is currently home to 8 established tenants, ensuring consistent, diversified rental income. The seller recovers all municipal expenses from the tenants, including rates and taxes, further strengthening the net return.
Strategically located on a high-traffic road in Belhar, this property caters to a loyal, low-LSM customer base, making it a resilient income-generating asset.
If you're seeking a stable, long-term investment with solid fundamentals and an excellent return, this is an opportunity not to miss.
Contact me today to arrange a viewing.
This freehold mini shopping mall spans 2,382sqm and is currently home to 8 established tenants, ensuring consistent, diversified rental income. The seller recovers all municipal expenses from the tenants, including rates and taxes, further strengthening the net return.
Strategically located on a high-traffic road in Belhar, this property caters to a loyal, low-LSM customer base, making it a resilient income-generating asset.
If you're seeking a stable, long-term investment with solid fundamentals and an excellent return, this is an opportunity not to miss.
Contact me today to arrange a viewing.
Features
Zoning
Retail
Exterior
Security
No
Sizes
Floor Size
2,382m²
Land Size
2,382m²
STREET MAP
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