This prime investment opportunity offers a well-established shopping centre located on a busy street in the heart of Witbank. With 18 retail shops currently rented out, this property generates consistent rental income and provides excellent potential for further growth.
Key features of the shopping cent re include:
18 Rented Shops: The shopping centre is fully tenanted with 18 established retail shops, providing a steady stream of rental income. These shops cater to a variety of businesses, ensuring a diverse customer base.
Prime Location: Situated on a bustling street .The shopping centre enjoys high foot traffic, excellent visibility, and easy access, making it a popular destination for local shoppers and passersby.
Well-Maintained Property: The shopping centre
is in excellent condition, with a well-kept exterior, modern facilities, and ample parking for both tenants and customers.
Strong Rental Income: With all 18 shops currently rented, this property offers a secure and reliable income stream. The tenants range from retail shops to service-based businesses, ensuring a stable and diversified income base.
Potential for Growth: The location and current setup provide opportunities for future expansion or development. There is potential to increase rental rates or improve the property further to attract more tenants.
This shopping centre represents a fantastic opportunity for investors looking to acquire a well-established, income-generating property in a thriving commercial area. With its high occupancy rate, strong rental income, and strategic location, it promises a solid return on investment.
Read more...
Show Contact Number
