Retail centre on Durban Road, Bellville Central with eight tenants, full recoveries, surplus income, and arterial visibility.
BUILDING STRUCTURE
• Erf Size: 2,093m²
• GLA: ±1,438m² lettable
• Layout: Eight-unit retail centre
• Yard: Not verified
INFRASTRUCTURE & SERVICES
• Parking: ±16 open bays
• Tenants: BestDrive, education providers, service businesses
• Recoveries: Full recoveries with surplus
INVESTMENT & REDEVELOPMENT
• Arterial visibility supports tenant retention and long-term value.
• Multi-tenant profile diversifies income stream.
INVESTMENT METRICS
• Gross Price: R31,400,000 ex VAT
• Net Income: R2,756,568 p.a.
• Net Yield: 9.0%
• Rate/m²: ±R14,813
LOCATION INSIGHT
• Corner of Durban Road and Frans Conradie Drive, Bellville Central.
• Surrounding industries: automotive, education, and retail.
• High traffic arterial with strong public transport access.
USE CASE SUITABILITY
• Suitable for investors seeking stable multi-tenant income with arterial exposure in Bellville Central.
COMPANY FOOTER
Kiffprop | Industrial & Retail Specialists | Verified Data-First Listings | Specialists in Bellville | Serving Epping, Montague Gardens (Milnerton), Paarden Eiland, Parow, Bellville/Stikland, Airport Industria, Blackheath & Brackengate