Joseph Costa Centre - 4 Danie Joubert St, Tzaneen, 0850, South Africa
Convenience/Township Retail Portfolio | Retail | Vendita a Offerta Riservata
Dati
Joseph Costa Centre
4 Danie Joubert St, Tzaneen, 0850, South Africa.
Joseph Costa Centre is a unique township strip mall configuration shopping centre in Tzaneen.
It presents prospective purchasers with a compelling investment opportunity in the burgeoning Tzaneen retail market. It provides a strong, stable income stream generated from an excellent tenant mix of mostly national tenants whilst being fully tenanted.
Investments Highlights
- Located with excellent visibility from the busy Stasie and Danie Joubert Street. Danie Joubert street becomes the R36, the main road into the Tzaneen CBD
- 100% Occupancy
- The total ground floor retail trading GLA is 5,416 m²
- The centre has a strong tenant mix with national tenants generating over 70% of gross rental income
- Net Operating Income: R 7 783 865,15 for 12 months beginning 1st September 2023
- The Tzaneen CBD and surrounding townships continue to grow supporting robust demand for retail
Investment Memorandum
For a full Investment Memorandum and further information, please click on the welcome tab, Register, and complete the NDA.
Mappa
Transaction Advisor
Fabio Nava
Director: Capital Markets - Advisory & Transaction Services
Contatta Fabio
