A well-located retail property in Groendal Franschhoek, a small commercial node. Groendal is situated on the Paarl side of Franschhoek as you enter the town on the R45. The node includes a USave and a Savers Lane.

The main tenants at the property include Pick ‘n Pay QualiSave, Pick ‘n Pay Liquor and Champion Fried Chicken. The QualiSave is being re-branded to a Pick ‘n Pay Supermarket.

The property includes a further 4 smaller retail outlets leased to local tenants, an enclosed yard, 4 one-roomed residential units and a 3-bedroom house.

The GLA is 1 558m², and the net annual income is projected at R2 208 400 for the 12-month period to May 2026, producing a yield of 8.7%.

For more information, please contact Richard Scott.