New Listing

Commercial Property for sale in Rocklands, Mitchells Plain

R20,000,000
  1. 3,248m²
  2. Web Ref: 1297228
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Property Features

ERF Size 3,248 m²
Building Size 3248m²

Prime Commercial Retail Centre for Sale in Sought-After Location

We present a rare opportunity to acquire a highly sought-after commercial retail centre, boasting an excellent location with high foot traffic and immense potential for growth. This corner property is perfect for investors or companies looking to owner-occupy, with multiple rental income streams.

Key Features:

* Solid building with high ceilings and upper-level office space

* Separate receiving bay (yard area) to accommodate large commercial trucks

* Secure parking with ample off-street parking

* 99% occupancy with 6 tenants, offering a stable rental income

* Potential to add more value with the possibility of additional tenants

* GLA: 3063m², with 134m² of vacant space available for leasing or owner-occupation

* Erf size: 3248m², zoned for General Business 1 use

Investment Highlights:

* Prime location in the heart of Rocklands, with high traffic volumes

* Vat entity, allowing for a zero-rated transaction

* Rent roll available to serious investors

* Big yard area for truck deliveries, enhancing logistical efficiency

Don't Miss This Opportunity:

We invite serious investors to submit their offers for this exceptional commercial property. With its prime location, high occupancy rate, and potential for growth, this retail centre is an attractive addition to any investment portfolio.

Contact us for more information and to arrange a viewing.

Contact the broker

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Cindy Chippendale
Candidate Property Practitioner
Registered with the PPRA
Zulpha Grandy
Candidate Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

106 Dagbreek Avenue, Westridge

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*based on purchase price at Prime over 20 years

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