301 m² Commercial space in Gelvandale

Investment Type: Property Sale Landlord Opportunity

Located in Gelvandale, Port Elizabeth, this high-exposure commercial property offers a secure, long-term rental income stream from a national brand tenant. Strategically positioned along a high-traffic arterial route, the site enjoys exceptional daily exposure and effortless access for both local customers and passing motorists, ensuring a constant flow of potential business and reinforcing its value as a prime investment location.

In addition to its retail and forecourt facilities, the property includes a parking area with two shaded carports, equipped with water connections and electricity points, ideal for vehicle-related services, tenant use, or potential future rental income streams.

Site License: Retail license in place.

Tenant: National fuel brand.

Investment Highlights:

Prime location in a growing area with excellent passing trade

Multiple rental streams forecourt, retail shop, ATM

Secure long-term lease with national brand tenant

Strong escalation clauses ensuring consistent rental growth

Operator in place with potential to boost volumes

Additional value from shaded carports with utilities in place

Asking Price: R10,600,000 (Excl. VAT)

Contact Delyn Price to arrange an appointment to view.

TIADOR 150 CC trading as RE/MAX Independent Properties (Lorraine) operates in terms of a franchise agreement with RE/MAX of Southern Africa.