Retail | Sale
Mamotse Gateway Centre has ideal frontage on a main arterial road in Mamelodi, with high visibility on Tsamaya Ave.
The property comprises a strip mall-like façade with retail shops configured in a row. The shops are currently finished to tenants’ specifications, and generally feature plastered and painted walls, suspended ceilings, fluorescent and spot lighting; and tiled or laminated flooring.
Portion 11 of the farm Vlakfontein 329 JR & Portion 168 of the farm Willows 340 JR.
Lease hold with PRASA.
Denneboom Investments (Pty) Ltd, “ERIS” owns the leasehold right over the portion of land described in the Erf Description above.
Land Lease Period
March 1990 – March 2040
6,492m² of GLA
Vodacom Absa Nedbank Capitec Bank Meat And Veg Corner Kawena Distributors Cell King Max Box - Denlotz Fish And Chips Zenith Cellular Setso Pele Herbs And Crafts Abolaji Adeoti Katlehong Juice And Dairy Vyfster Graniet Thabo Godfrey Lediga Sedglo Hair And Beauty Salon Pep Stores Mark John Sun Kalapeng Denneboom Pharmacy Capricorn Cash Loans Boss Sound And Cell Boxer Superstores Linxm General Trading Akuna Matata Curtain And Linen QS Textiles Mogapi Optometrists Irfan And Brothers Trading Martin's Funerals Mamelodi
Seller has included a 2-year rental guarantee on select vacant units.
Net Annual Income
R 5,723,861 (Jul 2022 – Jun 2023)