Retail centre in Belhar anchored by Usave supermarket and ATC cell tower, multi-tenant income stream with full recoveries.
BUILDING STRUCTURE
• Erf Size: 2,382m²
• GLA: ±1,440m² lettable
• Layout: Eight-unit retail centre
INFRASTRUCTURE & SERVICES
• Anchor Tenants: Usave supermarket, ATC cell tower
• Additional Tenants: Standard Bank ATM, service retailers
• Recoveries: Full recoveries
INVESTMENT & REDEVELOPMENT
• Anchor tenancy supports long-term stability.
• Multi-tenant profile diversifies income stream.
INVESTMENT METRICS
• Gross Price: R20,409,900 ex VAT
• Net Income: R1,742,951–R1,827,527 p.a.
• Net Yield: 9.0%
• Rate/m²: R7,854–R13,499 depending on calculation basis
LOCATION INSIGHT
• Paardeberg Crescent, Belhar, opposite Belhar Police Station.
• Surrounding industries: retail, services, community facilities.
• Accessible via Stellenbosch Arterial linking Belhar to Airport Industria and Bellville.
USE CASE SUITABILITY
• Suitable for investors seeking stable anchor tenancy with diversified income in Belhar.
COMPANY FOOTER
Kiffprop | Industrial & Retail Specialists | Verified Data-First Listings | Specialists in Belhar | Serving Epping, Montague Gardens (Milnerton), Paarden Eiland, Parow, Bellville/Stikland, Airport Industria, Blackheath & Brackengate