PRIME COMMERCIAL INVESTMENT PROPERTY – FAIRLAND

This well-located Commercial Property in Fairland presents an excellent income-generating investment opportunity with strong future development potential.

The property is situated on a large stand of approximately 2 380m2 and is currently improved with six fully tenanted retail units, providing an immediate and stable rental income stream.

A major added advantage is the long-standing Vodacom presence on the property, where Vodacom will renew their lease after approximately 30 years for a new lease term, providing additional security and long-term stability to the income profile.

Key Features:

• Established commercial property with business rights
• Six retail units – all currently tenanted
• Gross rental income: ± R68 500 per month
• Net income: ± R50 000 per month (± R600 000 per year)
• Attractive gross yield potential
• Large stand (2 380m2) with future development potential
• Vodacom lease renewal for a new term after ±30 years on the property
• Ideal for investors seeking income + long-term growth

The generous stand size and favourable zoning provide excellent potential for expansion or redevelopment, subject to municipal approval. Additional retail units, office space or a neighbourhood convenience centre could further enhance the property's income-generating capacity over time.

Properties that combine existing rental income with future development potential are highly sought after in the commercial property market and represent strong long-term investment opportunities.