Discover a prime retail investment opportunity in the vibrant heart of Belhar with this fully tenanted 2,382m² retail centre. Strategically positioned on Belhar Drive, the property enjoys high visibility and exceptional accessibility, being adjacent to the local police station and near the Stella Bush Arterial. Its central location attracts consistent foot traffic and makes it a highly desirable spot for both tenants and shoppers alike. The centre boasts a diverse mix of long-term tenants, ensuring stability and making it an attractive prospect for investors seeking reliable income streams. As the area continues to grow and develop, this retail hub offers significant potential for capital appreciation and enhanced returns.
Currently functioning as a lively shopping market, the property generates an impressive annual rental income of R1,700,000, translating to an attractive yield of approximately 9%. This strong performance highlights the centre’s vitality and the ongoing demand for retail space within this thriving community. Investors have the opportunity to acquire a well-established asset with dependable revenue and long-term lease commitments, providing peace of mind and steady cash flow. With its strategic location, proven income, and growth prospects, this retail centre is an ideal addition to any investment portfolio looking to capitalize on the dynamic retail landscape in Belhar.
For further information and to arrange viewings, kindly contact Ryan Sass
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
