R 19 600 000
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2 382 m² Retail Space in Belhar
2 382 m²
2 382 m²
High-Yield Investment Opportunity [removed] Fully Let Retail Property in Belhar
Now available for sale: a fully tenanted retail investment anchored by Shoprite USAVE, offering an attractive 8.6% cap rate on long-term leases.
This freehold mini shopping mall spans 2,382sqm and is currently home to 8 established tenants, ensuring consistent, diversified rental income. The seller recovers all municipal expenses from the tenants, including rates and taxes, further strengthening the net return.
Strategically located on a high-traffic road in Belhar, this property caters to a loyal, low-LSM customer base, making it a resilient income-generating asset.
If you''re seeking a stable, long-term investment with solid fundamentals and an excellent return, this is an opportunity not to miss.
Contact me today to arrange a viewing.
Property details
- Listing number T5043811
- Property type Retail
- Listing date 14 Apr 2025
- Land size 2 382 m²
- Floor size 2 382 m²
- Rates and taxes R 3 176
- Levies R 1