Located in the bustling heart of George Central, this prime commercial building at 53 Hibernia Street offers five retail units, all currently tenanted by a variety of businesses serving the middle and lower-income markets. These tenants ensure high foot traffic, especially during weekends and holiday seasons, making the property a lucrative investment opportunity. The tenants include New Look, Follow Me (Shops 2 & 3), Cellular Attraction, and Zebz Takeaway (with the lease nearing renewal but likely not extended due to recurring tenant issues). With its central location and continuous activity, the property offers strong investment potential for retailers and businesses aiming to attract consistent clientele.
The available 190m² retail unit, located within this property, is perfect
for fast-food outlets, convenience stores, or retail businesses. It is priced at R220 per square meter (excluding VAT) and is situated in a high-traffic area, offering excellent visibility and pedestrian flow. The space is ideal for quick-service restaurants or similar setups, with its open-plan layout allowing for flexible configurations. With easy access to main roads, public transportation, and a steady stream of foot traffic, this retail space provides an excellent opportunity for businesses looking to expand in George Central. Contact us today to discuss leasing options for this prime commercial space.
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