1 325 m² Commercial space in Wellington Central

Prime Investment Opportunity - Malan & Smit Arcade, Wellington CBD

Confidential Sale - NDANon 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 AreaGLA: 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 000VAT Incl

- Net Operating IncomeNOI: approximately R1.18 million per annumVAT Excl

- Occupancy: Fully Let

Investment Highlights:

- Established retail arcade in high foot traffic area

- Solid tenant mix with long trading history

- Strong rental escalation potentialcurrent 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 AgreementNDA before receiving the full financial package, tenant schedule or valuation summary.

Selling Options:

1. Property plus buildings - R 18,300,000.00

2. Shares in Company - R 16,300,000.00

Call me to arrange a viewing.