Commercial for sale
Investor-ready commercial hub in Fairland with steady rental income and long-term Vodacom lease; large 2,380m² stand offers redevelopment potential and six tenanted retail units.
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:
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.
Listed for sale at R6,800,000
Price reduced by 19.1% to R5,500,000
Fairland is a tranquil, well-established residential suburb in Randburg that offers a perfect balance of suburban peace, excellent schooling, and convenient access to major business hubs.
