1 289 m² Commercial space in Randhart

FULLY TENANTED STRIP MALL | PRIME INVESTMENT OPPORTUNITY IN RANDHART

Why to Buy?

- Nail bar

- Grocery shop

- Two fast-food outlets

- Hair salon

- Internet Café

- Property Type: Retail Strip Fully Tenanted

- Location: Randhart, Alberton

- Floor Layout: Multi-unit retail strip - middle block of three centres

- Total Units: 6

- Tenancy: 100% occupied

- Anchor Tenant: SPAR TOPS

- Strong anchor tenant

- Reliable neighbourhood trade

- Mixed-use tenant profile = diversified income

- Excellent investment yields

- At the asking price, the bond repayments - prime-linked - are largely covered by rental income over 20 years

- Established retail node with long-standing consumer demand

- Income - R80 000+ per month - all tenants paying varying rentals.

- Parking - Shared customer parking with the two adjoining centres

- Visibility - High street exposure with consistent foot traffic

- Neighbouring Environment - Opposite residential apartments and a well-used public park

A fully tenanted retail strip in the heart of Randhart, offering a rare chance to own a stable, income-producing investment property.

Positioned in the centre block of three adjoining shopping strips, this property enjoys excellent visibility and seamless customer flow. While the three centres appear as one, each block is independently owned and this one, the middle block, is now available for purchase.

The centre is anchored by SPAR TOPS, a high-traffic magnet that drives consistent footfall to the surrounding tenants. Supporting tenants include a nail bar, grocery shop, two fast-food outlets, a hair salon and an internet café giving you a balanced mix of essential neighbourhood services and fast-moving retail.

With monthly rental income slightly above R80 000, this asset offers strong retail yields and stable performance. At the asking price, the rental stream practically services its own bond on a 20-year term at prime making this a low-risk, cash-generating acquisition.

Across the road, youll find well-populated Randhart apartments and a community park, which both naturally feed daily traffic into the centre. The shared parking arrangement across all three strips further enhances customer convenience and flow.

Whether youre expanding your portfolio or securing a dependable income asset, this property is more than real estate its a fully operating business with built-in stability and long-term demand.

A real Deal for smart shoppers! Call today to view this business investment!

E andamp OE

EPILITE 98 CC trading as RE/MAX Finest (Alberton) operates in terms of a franchise agreement with RE/MAX of Southern Africa.