Commercial property in Bellville comprising a liquor-anchored building with a long-term lease and an adjoining vacant erf offering expansion or redevelopment potential.
BUILDING STRUCTURE
• Erf Size: 5,120m²
• GLA: ±832m² lettable
• Layout: Single-tenanted retail building + vacant erf
INFRASTRUCTURE & SERVICES
• Tenants: Liquor anchor tenant
• Recoveries: Full recoveries
INVESTMENT & REDEVELOPMENT
• Long-term lease provides stable income.
• Vacant erf (±1,700m²) offers expansion or redevelopment potential.
INVESTMENT METRICS
• Gross Price: R17,850,000 ex VAT
• Net Income: R1,340,898 p.a.
• Net Yield: 7.89%
• Rate/m²: R3,320
LOCATION INSIGHT
• Strand Street, Bellville, is a major arterial with high traffic counts.
• Surrounding industries: retail, services, logistics.
• Excellent access to N1 and public transport.
USE CASE SUITABILITY
• Suitable for investors seeking stable anchor tenancy with strategic expansion potential in Bellville.
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