High-Exposure Retail Investment For Sale

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:1484549
8Bath
5192
Type: Retail Space

Description

This well-positioned retail centre presents an exceptional investment opportunity along the main arterial route linking New Brighton and KwaZakhele. The property benefits from outstanding visibility, strong passing trade, and a strategic location within a well-established commercial node.

The centre is securely anchored by Cashbuild, with a lease in place until October 2028, providing investors with reliable and stable rental income.

A second anchor unit, previously occupied by Boxer, is currently vacant and being actively marketed, offering investors the opportunity to secure an additional national tenant and enhance future returns.

The centre also features a variety of well-sized line shops ranging from 50m² to 400m², creating a diverse tenant mix and consistent foot traffic.

This asset is priced below municipal valuation, presenting a rare value-add investment opportunity in a high-demand retail trade area.

Contact me for a full income and expense schedule.
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

Contact Agent