2 093 m² Retail Space in Oakdale

Prime 2,093m Retail Centre For Sale Durban Road, Oakdale, Bellville

Fully Tenanted Investment - 9% Net Yield

Positioned at the highly visible intersection of Durban Road and Frans Conradie Drive, this 2,093m retail centre in Oakdale, Bellville offers a compelling investment opportunity. Anchored by long-standing tenants, this commercial asset delivers strong income performance and excellent future growth potential in one of the Northern Suburbs busiest retail corridors.

Property Overview:

Total Size: 2,093m

Asking Price: R32,000,000 (excl. VAT)

Capital Rate per m: R20,299/m

Lease Expiry (WALE): 2 years

Net Yield: 9%

Investment Highlights:

Fully tenanted centre with 8 retail units

Secure income stream with a stable tenant mix

High daily foot and vehicle traffic exposure

Located on major arterial road linking N1, Bellville CBD and Tyger Valley

Long-established commercial zone with low tenant turnover

Significant upside potential from future rental escalations

Location Context:

Oakdale, Bellville has a long-standing reputation as a thriving business and retail node. Durban Road functions as a major commercial spine, connecting the Bellville business district to Tyger Valley and greater Northern Suburbs. Surrounded by dense residential catchments, public transport access, and strong community infrastructure, this location ensures constant consumer flow and retail demand.

With a history of low vacancies and consistent tenant demand, this centre offers a turnkey retail investment with a strong income profile and limited operational complexity.

This is a rare opportunity to acquire a prominent income-generating property in Bellvilles most active retail corridor.

Contact me for the full tenant schedule, lease agreements, and to arrange a private site viewing.