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R 21 000 000
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1 753 m² Commercial space in Wellington Central

3 490 m² 1 753 m²

Prime Mixed-Use Investment Property in the Heart of Wellington CBD

An exceptional opportunity to own a high-income, mixed-use property in the bustling heart of Wellingtons CBD. This well-maintained investment asset boasts a total GLA of 1,753m2, with seven tenants, including two national anchor tenants on secure five-year leases.

Key Investment Highlights:

High Rental Income Generating a GROSS monthly income of R219 000 ( VAT INCLUDED ) and a strong annual return of R2 625 000 ( VAT INCLUDED )

- OPEX +- R31 600 which includes insurance, rates and taxes and security.( Tenants liable for rates )

- Diverse Tenant Mix A combination of established retail and commercial tenants ensuring stable cash flow.

- Prime Location Situated in Wellingtons central business district, offering maximum visibility and foot traffic.

- Rare Private Off-Street Parking A valuable feature that enhances accessibility and tenant appeal.

- Secure, Long-Term Leases National anchor tenants provide stability and investment security.

This is a rare chance to acquire a premium income-generating asset in a high-demand location. Dont miss out on this exceptional investment opportunity!

Property details

  • Listing number T4966507
  • Property type Commercial
  • Listing date 17 Feb 2025
  • Land size 3 490 m²
  • Floor size 1 753 m²
  • Rates and taxes R 27 000

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