5,193m² Retail For Sale in Kwazakhele, CL34768

Details

A Fantastic Rural Retail Investment Opportunity!

Boasting an impressive GLA of approximately 5 193m on an erf of 10 625m², Njoli is the perfect investment play for those seeking to grow or establish their mark in the burgeoning township retail sector. This unique property has a number of retail spaces with a diverse mix of smaller smaller tenants and 2 main spaces reserved for stronger, national tenants.

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

The other large retail space has recently been vacated and results in the site having excellent upside potential upon securing a new tenant. 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.

Highlights: GLA: ± 5 193m² ERF: ± 10 625m² National tenant Great upside Strong leases GAI: ± R3 005 209