R 14 800 000 | retail property for sale in chelmsfordville

Property Description

Welcome to an exciting investment opportunity in the heart of Wyebank, where commerce meets convenience. This expansive retail shopping center, boasting over 20 available stores for lease, is now on the market and ready to redefine retail and business possibilities. Diverse Retail Spaces: With over 20 stores available, ranging in size and style, this shopping center provides a dynamic opportunity for a variety of businesses. Shop sizes vary from 71sqm to 802sqm .From boutique shops to larger retail spaces, the property caters to the diverse needs of potential tenants. Ample parking space ensures good foot traffic. Spacious Layout: The property's expansive 2700 square meters offer ample space for businesses to thrive. The layout is thoughtfully designed to maximize visibility and foot traffic, ensuring that each store receives optimal exposure. A tenant installation allowance is available, subject to conditions. This incentive provides an attractive proposition for potential tenants looking to customize and enhance their retail space according to their unique business requirements. Additional Income Streams: Beyond retail spaces, the property features a lucrative car wash and workshop facility for lease. These additional services add value to the overall investment potential, offering diversified income streams. Fuel Station Advantage: The inclusion of a 55,000-liter fuel station on-site further enhances the property's appeal, prior to the lockdown the fuel station was getting approximately 100 000 o 120 000L per month. This feature not only attracts customers to the shopping center but also presents an additional revenue stream for the savvy investor. Prime Location - Situated in a strategic location in Wyebank, the shopping center benefits from high visibility and accessibility. Proximity to major transportation hubs and densely populated areas ensures a steady flow of potential customers. Investment Potential - With a diverse range of income streams, strategic location, and an array of available stores, this retail shopping center represents a solid investment opportunity. The potential for growth and profitability is significant, making it an ideal prospect for investors seeking long-term returns. Don't miss out on this rare chance to own a thriving retail and commercial property in a prime location. For more information, to schedule a viewing, or to discuss investment details, please contact me. Seize the opportunity to be a part of the future of retail in Wyebank! Price of Property is Ex Vat


Property Details

Purchase Price R 14 800 000

Building Size17897 m2

Price Per SQMR 826 m2

Type of PropertyRetail

ZoningRetail

Land Size17897 m2

Last Updated12 Mar 2024

Property Location

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Agent

Diane Anthony

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