Retail property in Boston with three tenants, including a liquor wholesaler, a distributor, and an automotive workshop, located on Voortrekker Road with strong traffic exposure.
BUILDING STRUCTURE
• Erf Size: 1,561m²
• GLA: ±1,956m² lettable
• Layout: Multi-tenant retail configuration
INFRASTRUCTURE & SERVICES
• Tenants: Liquor wholesaler, liquor distributor, automotive workshop
• Recoveries: Full recoveries
INVESTMENT & REDEVELOPMENT
• Long-term leases provide stable income.
• Strategic frontage supports tenant retention.
INVESTMENT METRICS
• Gross Price: R15,217,650 ex VAT
• Net Income: R1,406,378 p.a.
• Net Yield: 9.0%
• Rate/m²: R9,262
LOCATION INSIGHT
• Voortrekker Road, Boston, is a prime arterial with high pedestrian and commuter traffic.
• Surrounding industries: retail, services, automotive.
• Central location with strong visibility and access.
USE CASE SUITABILITY
• Suitable for investors seeking stable retail income with long-term tenants in Boston.
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