1 325 m² Commercial space in Wellington Central

Prime Investment Opportunity - Malan & Smit Arcade, Wellington CBD

POA (Price on Application)

Confidential Sale - NDA(Non Disclosure Agreement) required before information is released.

Property Overview:

The Malan & Smit Arcade is a well established retail and office complex with a stable income generator anchored by long-standing tenants.

- Gross Lettable Area(GLA): approximately 1 325m2

- Zoning: Retail & Office Use

- Parking: 12 open bays + 10 covered bays

- Tenants: 11 units (including 2 anchor tenants-Pepkor & Good Price Store)

- Current Gross Monthly Income: approximately R155 000(VAT Incl)

- Net Operating Income(NOI): approximately R1.18 million per annum(VAT Excl)

- Occupancy: Fully Let

Investment Highlights:

- Established retail arcade in high foot traffic area

- Solid tenant mix with long trading history

- Strong rental escalation potential(current leases below market average)

- Low vacancy risk and consistent cashflow

- Asset value supported by replacement cost exceeding R21 million

- Capital growth potential within a high-demand Boland commercial node

This property is marketed on a confidential basis. prospective buyers will be required to sign a Non-Disclosure Agreement(NDA) before receiving the full financial package, tenant schedule or valuation summary.

Call me to arrange a viewing.