2 093 m² Commercial space in Oakdale

This retail centre for sale in Bellville Central presents a rare opportunity to acquire a fully tenanted, income-generating commercial asset in one of the Northern Suburbs'' most established and high-traffic retail corridors. Strategically positioned at the prominent intersection of Durban Road and Frans Conradie Drive in Oakdale, Bellville, the property enjoys exceptional visibility, strong passing trade, and direct connectivity to the N1 highway and key arterial routes.

Key Features:

2,093m2 fully tenanted retail centre

Prime corner position: Durban Road & Frans Conradie Drive intersection

8 established retail units with stable tenant mix

Net yield: 9 per annum

Weighted Average Lease Expiry WALE: 2 years

Asking price: R32,000,000 excl VAT

Price per m2: R15,289

Oakdale, Bellville Central location

High-visibility retail frontage on major arterial route

Excellent access to N1, Tyger Valley, and Bellville CBD

Dense residential catchment area

Strong public transport links and foot traffic

Low historical vacancy - proven tenant retention

Turnkey investment with immediate income stream

Rental escalation and repositioning upside potential

Durban Road serves as a major commercial spine linking Bellville CBD, Tyger Valley Shopping Centre, and the N1 highway, ensuring consistent vehicle flow and exceptional consumer visibility. The surrounding Oakdale node benefits from dense residential catchments, well-established business activity, and robust public transport infrastructure including taxi routes and bus services. This combination supports sustained retail demand and creates one of Bellville''s most resilient trading environments. Oakdale remains one of the Northern Suburbs'' most dependable retail nodes, characterised by long-standing commercial activity, steady tenant retention, and minimal vacancy risk. This property offers investors a rare turnkey retail acquisition with proven cash flow performance, manageable operational complexity, and upside potential through future rental escalations and strategic asset management. With a 9 net yield and strong location fundamentals, this represents a secure entry point into Bellville''s busiest commercial corridor. Contact Linda at Greeff Commercial to arrange a confidential viewing or request detailed financials.