Property Overview:
Introducing an exceptional opportunity to acquire a well-positioned shopping mall in one of the most bustling coastal towns. This substantial property boasts a generous Gross Leasable Area (GLA) of 3,460 sqm and a total structure size of 4,243 sqm, making it an ideal investment for retail entrepreneurs and businesses looking to capitalize on the high foot traffic in the area.
Key Features:
- Centrally Located: Strategically situated in the heart of a busy coastal town, this shopping mall benefits from significant daily traffic and visibility.
- Ample Parking: Enjoy the convenience of a rooftop parking facility accommodating 142 vehicles, providing easy access for shoppers and enhancing customer experience.
- Zoned for Business 1 (Retail): This zoning designation allows for a wide variety of retail opportunities, making it perfect for diverse businesses and enhancing rental prospects.
- Rent Roll and Valuation Report: A comprehensive valuation report and rent roll is available to approved applicants, showcasing the income potential of this property and its value as an investment.
Why Invest?:
- Thriving Local Economy: The coastal location not only attracts locals but also tourists, ensuring a steady stream of customers year-round.
- Growth Potential: With the coastal area's ongoing development and population growth, your investment is poised for appreciation and increased revenue.
- Community Hub: This shopping mall has the potential to be a preferred destination for shoppers, dining, and entertainment in the town.
Don't miss out on this rare chance to invest in a lucrative retail space in a prime coastal location.
Contact us today for more information and to schedule a private viewing.
Take the first step towards owning a significant piece of this vibrant community!
(Asking Price Excludes VAT)
Contact: Udalali Business Brokers
Asking Price: POA
Monthly T/O: R161 119.00