7,558m² Investment For Sale in Tsakane, CL34518

Details

National Anchor Retail - On Auction 11 July 2024

ON AUCTION 11 JULY 2024 - NATIONAL ANCHOR RETAIL CENTRE

The subject site encompasses a single-storey retail center featuring an anchor retail shop flanked by supplementary shops, forming a V-shaped layout spanning approximately 7,558.12m² (as per Seller). Presently configured to accommodate various retail/commercial units, including ATMs, with sizes ranging from approximately 10m² to 2,468m², the units boast a uniform layout, predominantly open-plan, with some sections tailored to specific tenant needs such as storage, offices, or cashier counters. Larger shops may include ablution facilities and kitchenettes. Additionally, the property includes four ATMs, a standalone structure facing Jabulani Street, and a guard house at the main entrance gate. The property boasts tenants that serve the immediate communities needs such as Shoprtie, PeP, Buildit a Pharmacy and various auxiliary tenants increasing the centres appeal and dynamic nature.

Noteworthy features comprise split-unit or centrally controlled air conditioning, external floodlights, back yard access with roller shutter doors for deliveries, covered walkways, fire safety equipment, and surveillance cameras. Positioned as a multi-let mixed-use township retail center serving the Tsakane area, it benefits from a prime location just east of the R23 (Heidelberg Road) with easy access via Shakwane Street. Surrounding suburbs and towns like Springs, Nigel, and Heidelberg are conveniently accessible, supported by ample parking and manoeuvring space, including back loading yard access along Embu Street. Triple street frontages ensure excellent visibility and accessibility to both vehicular and pedestrian traffic.

Key Features - GLA: 7 736 sqm - Erf Size: 1.9000 ha - National Anchors - 86% Occupied - GAI: R11 986 904.04 - Ample Parking with key locality