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1,700m² Retail For Sale in Ravensmead
1,700m² Retail For Sale in Ravensmead
1,700m² Retail For Sale in Ravensmead
1,700m² Retail For Sale in Ravensmead
1,700m² Retail For Sale in Ravensmead
1,700m² Retail For Sale in Ravensmead
1,700m² Retail For Sale in Ravensmead
1,700m² Retail For Sale in Ravensmead
1,700m² Retail For Sale in Ravensmead
1,700m² Retail For Sale in Ravensmead

1,700m² Retail For Sale in Ravensmead

R9,900,000

42 Northway East Rd
Web Ref CL9530

Strip Mall for Sale in Ravensmead – 11% CAP Rate | Anchored by Usave

Discover an exceptional investment opportunity with this thriving strip mall in the heart of Ravensmead, offering a strong 11% CAP rate. Spanning approximately 1,700m², this well-maintained commercial center is anchored by Shoprite Usave, a trusted national retailer that guarantees consistent foot traffic and a loyal customer base.

The property features a carefully selected tenant mix designed to serve the community's diverse needs:

Trailer Hire Company – providing reliable vehicle rental services

Fisheries – offering fresh, quality seafood daily

Chisa Nyama – delivering authentic South African BBQ flavors

Adding further value, the strip mall includes two residential units — a one-bedroom and a two-bedroom apartment — offering additional rental income potential.

The building is in excellent condition, reflecting ongoing maintenance and pride of ownership. Positioned in a high-visibility location with easy access to key transport routes and essential amenities, this property is ideally suited for investors seeking a secure, income-generating asset.

Key Features:

11% CAP rate

Anchor tenant: Shoprite Usave

±1,700m² floor area

Mixed-use: retail and residential

Strong tenant mix

Excellent location and accessibility

Don't miss this opportunity to own a cornerstone of the Ravensmead community.

Features

Zoning Retail
Title Freehold
Exterior
Security
No
Sizes
Floor Size 1,700m²
Land Size 4,981m²
-33.92123189999999, 18.60161619999999
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