NEW
Web Ref CL5307
R32,000,000
176 B Durban Road
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Well-positioned Prime Retail Space For Sale
Prime Location and Connectivity
The retail center is strategically positioned at the busy intersection of Durban Road and Frans Conradie Drive, a major business corridor connecting the Bellville CBD to the Tygervalley commercial hub. This location offers exceptional visibility to a high volume of vehicular and pedestrian traffic. Its proximity to the N1 Freeway provides easy access for a broader customer base, strengthening its long-term growth potential.
Stable and Dependable Income
The property boasts a strong gross annual income of R2,687,757, offering a secure and predictable return for investors. With eight fully leased units and a varied mix of established, long-standing tenants, the center benefits from a low turnover rate, which significantly reduces the risk of vacancies.
Future Growth Potential
The area surrounding the retail center is a dynamic blend of residential, retail, and office developments. This ongoing urban development, coupled with the location's strong fundamentals and connectivity, suggests a positive outlook for both income and capital appreciation. The continuous interest from tenants and upward rental trends in this active business corridor reinforce the property's potential for sustained financial benefits.
Prominent signage opportunities.
Ample on-site parking.
The retail center is strategically positioned at the busy intersection of Durban Road and Frans Conradie Drive, a major business corridor connecting the Bellville CBD to the Tygervalley commercial hub. This location offers exceptional visibility to a high volume of vehicular and pedestrian traffic. Its proximity to the N1 Freeway provides easy access for a broader customer base, strengthening its long-term growth potential.
Stable and Dependable Income
The property boasts a strong gross annual income of R2,687,757, offering a secure and predictable return for investors. With eight fully leased units and a varied mix of established, long-standing tenants, the center benefits from a low turnover rate, which significantly reduces the risk of vacancies.
Future Growth Potential
The area surrounding the retail center is a dynamic blend of residential, retail, and office developments. This ongoing urban development, coupled with the location's strong fundamentals and connectivity, suggests a positive outlook for both income and capital appreciation. The continuous interest from tenants and upward rental trends in this active business corridor reinforce the property's potential for sustained financial benefits.
Prominent signage opportunities.
Ample on-site parking.
Features
Zoning
Commercial
Exterior
Security
No
Sizes
Floor Size
1,438m²
