R 3 500 000
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189 m² Commercial space in Observatory

16 lower main
189 m²

Prime Retail Investment with Secure Long-Term Tenant

This 189m2 corner retail property is prominently positioned in Observatory, at a high-visibility intersection with strong foot and vehicular traffic flow.

The asset is tenanted by an established business with a proven trading history and a long-term lease in place, offering stable and predictable rental income. This is a straightforward, hassle-free investment purchase ideal for investors seeking yield and long-term security with an array of options down the line. The location is ideal as it falls on the main thoroughfare for students, locals, and customers heading in and out of Observatory. This is the main entry point into the precinct with large developments such as Riverlands and Amazon in close proximity.

Key Features:

189m2 retail premises with wrap around balcony

Long-term lease in place with reliable tenant

High-exposure position with strong foot traffic

Located near key development and growth nodes

Secure, yield-based investment sale

Contact me today to discuss, view or to request plans, rates figures or yield calculations

Property details

  • Listing number T5283707
  • Property type Commercial
  • Listing date 28 Oct 2025
  • Floor size 189 m²

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