Commercial for sale
Investor-ready retail hub offering steady cashflow and redevelopment potential in Birch Acres, on a busy high-visibility street; seven shops across 5,000m² with two vacancies to add income.
COME MAKE A OFFER - 7 RETAIL SHOPS | 2,500m2 BUILDING FOOTPRINT | 5,000m2 ERF
An opportunity to acquire an income-producing retail centre in Birch Acres, positioned along a busy street with strong passing traffic, excellent visibility and a steady flow of customers.
The property comprises 7 retail shops, situated on a substantial 5,000m2 erf, with a total building footprint of approximately 2,500m2.
The centre is already generating income, with lease agreements in place and established tenants in good standing, providing an immediate income stream for the investor.
CURRENT INCOME
Net Monthly Income: R156,900
Annual Net Income: R1,883,239.93
SIGNIFICANT INCOME UPSIDE
Of the 7 retail shops, 2 are currently vacant, creating an opportunity for the new owner to increase the centre's income by securing additional tenants.
At full occupancy, the estimated income could increase to approximately:
Potential Monthly Income: R214,000
Potential Annual Income: R2,435,839.92
This gives the property an attractive value-add component, allowing an investor to improve the existing income position while potentially enhancing the overall value of the centre.
VALUE-ADD OPPORTUNITY
The property does require some TLC and refurbishment, making it particularly interesting for an investor looking for a commercial property with the opportunity to modernise, improve the presentation and maximise the rental potential.
With 7 retail shops, approximately 2,500m2 of building footprint and a 5,000m2 erf, the centre offers a substantial commercial property holding with existing income and room for further optimisation.
INVESTMENT HIGHLIGHTS
An opportunity to acquire an established retail property with income from day one, while retaining the potential to increase returns through leasing the vacant shops and giving the centre the TLC it requires.
Contact me today for further financial information, lease details and to arrange a private viewing.
Listed for sale at R17,600,000
Birch Acres is a well-established, family-oriented residential suburb in Kempton Park that offers convenient access to major transport routes, schools, and essential amenities for comfortable suburban living.
