Commercial property for sale in Oakdale

Description

176 Durban Road, Oakdale, Bellville Property Type: Retail Investment Size: 2,093 m² Selling Price: ZAR 32,000,000.00 Gross Annual Income: ZAR 2,756,568.00 Annual Expenses: ZAR 65,316.00 Net Yield: 9% Capital Rate per m²: ±ZAR 20,793.00/m² WALE: ±3 years Status: Fully Tenanted Retail Centre Overview This 2,093m² retail centre offers a secure, fully-tenanted investment in one of Bellville’s highest-exposure commercial corridors. The asset is supported by a portfolio of eight established retail leases, each contributing to a stable and predictable income stream with minimal vacancy risk. Key Features ·Eight fully secured retail leases providing stable income ·Strong annual income with low operational expenses ·WALE ±3 years ensuring consistent medium-term cash flow ·High visibility on Durban Road and Frans Conradie Drive ·Located in a long-established commercial zone... 176 Durban Road, Oakdale, Bellville Property Type: Retail Investment Size: 2,093 m² Selling Price: ZAR 32,000,000.00 Gross Annual Income: ZAR 2,756,568.00 Annual Expenses: ZAR 65,316.00 Net Yield: 9% Capital Rate per m²: ±ZAR 20,793.00/m² WALE: ±3 years Status: Fully Tenanted Retail Centre Overview This 2,093m² retail centre offers a secure, fully-tenanted investment in one of Bellville’s highest-exposure commercial corridors. The asset is supported by a portfolio of eight established retail leases, each contributing to a stable and predictable income stream with minimal vacancy risk. Key Features ·Eight fully secured retail leases providing stable income ·Strong annual income with low operational expenses ·WALE ±3 years ensuring consistent medium-term cash flow ·High visibility on Durban Road and Frans Conradie Drive ·Located in a long-established commercial zone with strong tenant retention ·Reliable rental performance with historically low vacancy rates Location & History Durban Road has served as a major commercial artery for over three decades, connecting Bellville CBD, Oakdale, and Tyger Valley. With dense residential communities, public transport access, and strong commercial activity surrounding the property, retail centres in this corridor consistently show high demand and sustainable rental growth. The area is widely regarded as one of the Northern Suburbs’ most resilient and high-performing retail nodes. This property presents a rare opportunity to acquire a high-performing retail asset with eight stable tenants, strong income security, and exceptional long-term positioning. Contact me today to arrange a viewing. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#1800143446","type":"c"}));

What we know about this property

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Portal facts

Levies

R 1

Erf Size

2 093 m²

Generator

No

Gross Price

R 32 000 000

Backup Water

No

Listing Date

24 April 2026

Listing Number

117158559

Street Address

176 Durban Road, Oakdale

Rates and Taxes

R 1

Type of Property

Commercial Property