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Fully Let Retail Centre Hammanskraal In Pretoria For Sale

Pretoria, Gauteng, South Africa
Asking Price:
R50,000,000
Sales Revenue:
R6,599,177
Cash Flow:
R4,402,057

This prime shopping centre is situated in the busy trading node of Hammanskraal. The centre is fully let with a combination of national and regional tenants.

The tenant base is stable and successful with a low tenant turnover. The tenant mix is well suited to serve the needs of the regional community. It therefore consistently draws high foot traffic.

The retail centre consists of 16 shops and 14 individual tenants. Anchor tenants occupy the bulk of the lettable area.

The property has been recently renovated. It is in a good condition with and is neat and tidy.

GLA - 5,494 Sqm
Gross Annual Income - R 6,599,177 p.a.
Annual Nett Income - R 4,402,057 p.a.

Property Information

Real Estate:

Real Property Included

Location:

1 Kudebe Douglas Rens Road, Hammanskraal

Premises Details:

Fully let retail centre, situated in the busy commercial node of Kudebe, Hammanskraal, north of Pretoria.

Size in square feet:
5494 Sqm

Business Operation

Reasons for selling:

Owners retiring.

Other Information

Furniture / Fixtures value:
R60,000,000
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