2 800 m² Commercial space in Zwavelpoort

This investment opportunity in Pretoria East offers several compelling features for potential buyers:

Key Features:

Location andamp Accessibility:

Situated on Lynnwood Road, a prime area experiencing rapid development.

Close to security estates and new developments.

Easy access for shoppers and suppliers, with ample parking space.

Property Details:

28,000 sqm stand with a 2,800 sqm complex.

Architect plans in place to expand by an additional 1,000 sqm due to high demand for rental space.

Tenants:

Eighteen tenants including major anchors like Savemore, Tops@Spar, Build-it, and Pharmacy@Spar.

Well-known, branded tenants ensuring stable rental income.

Development andamp Growth Potential:

Located in a high-growth area with current developments such as a private university and hospital.

Positioned to benefit from ongoing and future expansions in Pretoria East.

Infrastructure andamp Services:

Independently managed services except for electricity.

Low impact from loadshedding due to independent generating facilities and borehole water supply.

Strong security measures and good relationships with local SAPS and neighboring businesses.

Financial Benefits:

No VAT or transfer duties if the purchaser is a VAT vendor.

Company holds a R15 million accumulated tax benefit.

Potential for quick transfer of ownership (7 days).

Internal private financing options available for purchasers with secure financial history, requiring a 50% deposit.

Investment Highlights:

Secure Anchor Tenants: Reliable and well-known brands providing steady rental income.

Expansion Potential: Plans for additional space due to high demand, increasing future rental income potential.

Strategic Location: Prime area with rapid development, ensuring continued growth and increased property value.

Resilient Infrastructure: Independent services and low loadshedding impact ensure continuous operations.

Financial Advantages: Significant tax benefits and possible swift transfer of ownership.

This shopping centre presents a solid investment opportunity with both immediate and long-term benefits, making it a lucrative addition to an investment portfolio.

Neighbouring Areas

Arathorn Estate , Boardwalk Manor Estate , Boardwalk Meander Estate , Boardwalk Villas , Boschkop , Bronberg , Cormallen Hill Estate , Heron Hill Estate , Mooiplaats , Olympus , Olympus Country Estate , Tiegerpoort , Zwavelpoort