R35,000,000
3 Njoli Street, Kwazakhele, Port Elizabeth, Eastern Cape, Kwazakhele, Port Elizabeth, Eastern Cape
Retail Space for sale in Kwazakhele, Port Elizabeth, 3 Njoli Street, Kwazakhele, Port Elizabeth, Eastern Cape, 5192 m²
3 Njoli Street, Kwazakhele, Port Elizabeth, Eastern Cape, Kwazakhele, Port Elizabeth, Eastern Cape
R35,000,000
Ref:1583676
8Bath
5192m²
Type: Retail Space
Description
This prime retail investment opportunity is strategically positioned on a major route linking New Brighton and Kwazakhele, offering excellent exposure and strong customer traffic. The centre presents an attractive opportunity for investors seeking a well-established retail asset.
The property is anchored by a national tenant with a lease in place until October 2028, providing a secure income stream. An additional anchor space is currently available for leasing, presenting an opportunity to enhance future returns.
A variety of line shops accommodate a diverse mix of tenants, creating a vibrant retail environment that serves the surrounding community and supports long-term occupancy potential.
Currently marketed below municipal valuation, this investment offers compelling value within a well-established retail node. Financial information is available on request.
Price excludes VAT.
The property is anchored by a national tenant with a lease in place until October 2028, providing a secure income stream. An additional anchor space is currently available for leasing, presenting an opportunity to enhance future returns.
A variety of line shops accommodate a diverse mix of tenants, creating a vibrant retail environment that serves the surrounding community and supports long-term occupancy potential.
Currently marketed below municipal valuation, this investment offers compelling value within a well-established retail node. Financial information is available on request.
Price excludes VAT.
Location
3 Njoli Street, Kwazakhele, Port Elizabeth, Eastern Cape, Kwazakhele, Port Elizabeth, Eastern Cape
Data
Object TypeRetail Space
Purchase PriceR35,000,000
Living Space5192 m²
Plot SizeN/A
Bathrooms8
Construction YearN/A
ConditionNot specified
Rooms4
Financial Information
RatesN/A
LevyN/A
Special LevyN/A
