6 500 m² Commercial space in Halfway Gardens
Discover an exceptional investment opportunity with this prime commercial property, ideally situated at a bustling intersection with excellent exposure to the N1. This newly refurbished retail center boasts a total floor area of 6,500 sqm on a generous land size of 11,000 sqm, offering ample space and potential for various commercial activities.
Why to buy ?
Key Features:
Main Building: The main building hosts motor trade-related tenants, providing a solid foundation of established businesses.
Retail Units: The property features 35 well-maintained retail units, catering to a diverse range of tenants and customers.
Rental Income: Currently generating a rental income of R600,000 per month, this property has the potential to reach up to R1,500,000 per month, presenting a lucrative investment opportunity.
Zoning: Zoned for a filling station with a convenience store, the property includes a letter of intent from an oil giant for site development with multiple options, further enhancing its appeal and value.
Strategic Location: Situated in a high-traffic area with great exposure, ensuring a steady flow of customers and clients.
Highlights:
Total Floor Area: 6,500 sqm
Land Size: 11,000 sqm
Current Rental Income: R600,000 per month
Potential Rental Income: Up to R1,500,000 per month
Don''t miss out on this exceptional investment opportunity in a high-traffic location with excellent exposure. Contact us today to arrange a viewing and secure this prime commercial property for your portfolio.
For more information or to schedule a viewing, please contact us.
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Property details
- Listing number T4700767
- Property type Commercial
- Erf size 1.1 ha
- Floor size 6 500 m²