R 10 000 000
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2 500 m² Retail Space in Del Judor

7 986 m² 2 500 m²

Shopping Centre with 18 Tenants FOR SALE in Witbank

The investment that keeps giving by expanding your horizons through strategic investments.

The famous words from Mr. Warren Buffet: Never invest in a business you cant understand. Now that said, it doesnt take a lot to determine that investing in a multi-tenant building will lead to a wonderful financial future, and this concept doesnt require a crystal ball.

The shopping center has a lot to offer and has great potential for expansion. The most important aspect of this property is the mere fact that it is currently occupied by 18 tenants making this a very low risk investment. Should one or more retail spaces be empty, the center is still guaranteed to generate an income from the remaining tenants. As this shopping Centre is predominately retail, filling these spaces will not be challenging as retail is high in demand . Due to the shopping Centres location its quite popular as it services the Del Judor residential area the keeps growing. The property is zoned business 3, this will allow for expansion or even office space to increase the rental income. The lease agreements, Invoices and financial statements will be provided on request. VAT is not applicable as it will be sold as a going concern. Call today to schedule a viewing

Property details

  • Listing number T4675923
  • Property type Retail
  • Erf size 7 986 m²
  • Floor size 2 500 m²
  • Rates and taxes R 13 080

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