This commercial building offers prime retail space with a variety of tenants and opportunities for potential growth. The building is divided into five shops, each equipped with offices, kitchen facilities, and toilets, ensuring a high level of convenience for tenants.
Shop 1: Spanning 400 square meters, this unit is currently vacant, providing an excellent opportunity for a new tenant or business with a potential good monthly income.
Shop 2: Also 400 square meters, current tentants this space, contributing a steady rental income of R27,100.89 per month. This well-established tenant adds stability and credibility to the building.
Shop 3: This 180-square-meter shop is occupied by tenants, generating a rental income of R10,324.70 per month. This tenant adds value to the building
with its educational focus.
Shop 4: Another 180-square-meter space, this shop is currently vacant, offering an ideal opportunity for a new tenant to capitalize on its central location.
Shop 5: The final 400-square-meter shop is currently leased providing a rental income of R2,487.07 per month. This unique tenant adds diversity to the building’s portfolio.
In addition to the shop spaces, the building features a fire alley, ensuring safety and compliance with fire regulations. With a total of 1,760 square meters of rentable space, this building offers a blend of fully leased units and vacancies that could be ideal for new businesses or tenants. Its prime location in the center of town enhances its appeal, making it a desirable property for investors or businesses seeking exposure.
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