Commercial property for sale in Belhar

Description

Presenting a prime retail investment opportunity in the heart of Belhar, this fully tenanted 2382m² retail centre is strategically located on Belhar Drive, adjacent to the local police station and in close proximity to the Stella Bush Arterial. The center benefits from high visibility and easy accessibility, making it a desirable location for both tenants and shoppers. With a diverse mix of long-term tenants already in place, this retail centre not only promises stability but also significant growth potential in a dynamic area experiencing increasing foot traffic. Currently, the property operates as a bustling shopping market that generates an impressive annual rental revenue of R1,700,000, offering an attractive yield of approximately 9%. This robust performance underscores the centre's vitality and the demand for retail space in the region. Investors can take... Presenting a prime retail investment opportunity in the heart of Belhar, this fully tenanted 2382m² retail centre is strategically located on Belhar Drive, adjacent to the local police station and in close proximity to the Stella Bush Arterial. The center benefits from high visibility and easy accessibility, making it a desirable location for both tenants and shoppers. With a diverse mix of long-term tenants already in place, this retail centre not only promises stability but also significant growth potential in a dynamic area experiencing increasing foot traffic. Currently, the property operates as a bustling shopping market that generates an impressive annual rental revenue of R1,700,000, offering an attractive yield of approximately 9%. This robust performance underscores the centre's vitality and the demand for retail space in the region. Investors can take advantage of this opportunity to secure a well-established asset with reliable income streams and the potential for capital appreciation in a thriving community. With long-term tenants committed to their leases, this property stands as a sound investment for those looking to expand their portfolio in the retail sector. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#1539760631","type":"c"}));

What we know about this property

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Portal facts

Zoning

General Business

Erf Size

2 382 m²

Listing Date

22 April 2025

Green Building

No

Listing Number

115889682

Multi Tenanted

No

Street Address

53 Alabama Dr, Belhar 19, Cape Town, 7493, South Africa, Belhar

Building Grading

B Grade

Type of Property

Commercial Property

Availability Date

12 May 2025

Standalone Building

No