R 66 300 000 | retail property for sale in fourways

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 property’s 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.