Web Ref CL9476
R19,600,000
63 paardeberg
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Monthly Levy
R1
R1
Monthly Rates
R3,176
R3,176
Special Levy
R1
R1
High-Yield Investment Opportunity – Fully Let Retail Property in Belhar
Now available for sale: a fully tenanted retail investment anchored by Shoprite USAVE, offering an attractive 8.6% cap rate on long-term leases.
This freehold mini shopping mall spans 2,382sqm and is currently home to 8 established tenants, ensuring consistent, diversified rental income. The seller recovers all municipal expenses from the tenants, including rates and taxes, further strengthening the net return.
Strategically located on a high-traffic road in Belhar, this property caters to a loyal, low-LSM customer base, making it a resilient income-generating asset.
If you're seeking a stable, long-term investment with solid fundamentals and an excellent return, this is an opportunity not to miss.
Contact me today to arrange a viewing.
This freehold mini shopping mall spans 2,382sqm and is currently home to 8 established tenants, ensuring consistent, diversified rental income. The seller recovers all municipal expenses from the tenants, including rates and taxes, further strengthening the net return.
Strategically located on a high-traffic road in Belhar, this property caters to a loyal, low-LSM customer base, making it a resilient income-generating asset.
If you're seeking a stable, long-term investment with solid fundamentals and an excellent return, this is an opportunity not to miss.
Contact me today to arrange a viewing.
Features
Zoning
Retail
Exterior
Security
No
Sizes
Floor Size
2,382m²
Land Size
2,382m²
STREET MAP
STREET VIEW
Belhar, Cape Town
Cape Town - 6665 Introduction Cape Town is the legislative capital of South Africa and the largest city in the Western Cape province. Known as the "Mother City," it is renowned for its stunning natural beauty, rich history, and vibrant cultural scene. Cape Town is situated on the southwestern coast of South Africa, at the northern end of the Cape Peninsula, and is famous for landmarks such as Table Mountain and Cape...
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