2 575 m² Commercial space in Fourways
For Sale[removed] Prime Commercial Property at Intercare Fourway
For Sale: Prime Commercial Property at Intercare Fourways
Property Overview:
Address: Corner of Fourways Boulevard & Short Street, Witkoppen, Fourways, Gauteng
Total GLA (Gross Lettable Area): 2,575 m2
Location: Situated in the bustling Fourways node, the property enjoys a strategic position with easy access to the N1 highway and close proximity to major shopping destinations, including Fourways Mall, Monte Casino, Fourways Crossing, and Leaping Frog. The Fourways area is a thriving hub with a mix of retail, office, and entertainment spaces, making it a prime commercial property location.
Property Features:
Property Type: Commercial
Tenants: Intercare & Clicks (100% occupancy)
WALE (Weighted Average Lease Expiry): 5.2 years as of January 2025
Annual Escalation: 7.0%
Nearby Landmarks: Opposite Fourways Mall and Leroy Merlin, adding to the propertys high visibility and foot traffic.
Investment Highlights:
Dynamic Node: The Fourways area benefits from a growing population and extensive commercial development, offering a blend of retail, office, and entertainment spaces.
Accessibility: Bound by Uranium Road, Main Road, Winnie Mandela intersection, and Waterford Estate, ensuring robust connectivity and visibility within the Fourways area.
Intercare Fourways presents a secure, income-generating opportunity with reputable tenants and excellent lease terms, strategically located in one of Gauteng''s most vibrant commercial districts.
Property details
- Listing number T4854054
- Property type Commercial
- Listing date 5 Nov 2024
- Floor size 2 575 m²