This exceptional commercial property is situated in the heart of Empangeni CBD on the bustling Main Road, offering unparalleled visibility and excellent foot traffic. As an extension of the popular Biyela Shopping Centre, this prime location ensures consistent customer flow, making it an attractive destination for businesses and a lucrative opportunity for investors.
The property boasts a massive 1,040 square meters of shop frontage, providing an impressive retail presence that captures attention. With a gross lettable area of 1,781 square meters, it accommodates multiple tenants comfortably. Additionally, it includes a spacious 740 square meters of basement and storage space, adding further versatility to the property.
Currently, the building houses four separate shops, all fully
tenanted with leases in place. The tenants collectively generate over R150,000 in monthly rental income, making this property an immediate income-producing asset. The diversity of tenants adds stability, while the well-structured leases ensure secure and consistent returns.
This property is ideal for investors looking to expand their commercial real estate portfolio. The combination of its high-traffic location, substantial rental income, and potential for future growth make it a standout opportunity. With its strategic position in a thriving commercial hub, this property is well-suited for a variety of retail or business ventures, enhancing its long-term investment value.
Empangeni’s vibrant economy and strategic location in KwaZulu-Natal add to the appeal, ensuring sustained demand for commercial spaces in the area. Don’t miss this chance to own a landmark property in one of the region’s most sought-after locations.
For more details or to arrange a viewing, contact us today and take the first step toward securing this exceptional investment opportunity.
Read more...
Show Contact Number
