R 4 000 000
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270 m² Commercial space in Wavecrest

935 m² 270 m²

Investment Opportunity: Fully Occupied Shopping Center with Expansion Potential in Jeffrey's Bay

Located in a bustling area of Jeffrey''s Bay, this 3-unit shopping center presents a prime investment opportunity.

All units are currently occupied, with a tenant roll available upon request. The center features a diverse mix of tenants, including retailers and a service provider operating a hair salon.

Beyond its current configuration, the building offers additional potential for investors, such as the development of a mini medical center to accommodate doctors, dentists, psychologists, and veterinarians. However a wide variety of industries could look at this as a new base.

With ample parking space and commercial zoning, this property is well-positioned to cater to a wide range of business needs. Whether you''re looking to invest in a stable, income-generating property or expand its utility, this shopping center offers a versatile and profitable opportunity in one of Jeffrey''s Bay''s most vibrant locales.

Property details

  • Listing number T4885859
  • Property type Commercial
  • Listing date 28 Nov 2024
  • Land size 935 m²
  • Floor size 270 m²
  • Rates and taxes R 3 300

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