Commercial for sale
Vibrant retail hub at Empangeni CBD entrance on the R34, steps from the taxi rank and Richards Bay routes; fully let and anchored by Shoprite and Jwayelani — 8.5% yield.
Empangeni Shopping Centre, CBD
This Shopping Centre of 8,559m2 is located on the R34 Arterial Road (Nkwanazi St) at the entrance to the Empangeni CBD. The Shopping Centre is fully let and is anchored by Shoprite in 2,465m2 and Jwayelani Supermarkets (1,768m2) The balance of 32 shops is made up of national (Capitec, Pep, Ackermans, Rage) and local tenants.
It is close to the Taxi Rank with high feet traffic and serves all surrounding areas.
Budget for the Year commencing January 2027
Total Annual Income = R31,903,892
Total Expenses = R17,109,669
Net Income = R14,794,223
This investment is being offered at an 8.5% yield
Empangeni is a well-established town in KwaZulu-Natal, situated approximately 160 km north of Durban and forming part of the wider uMhlathuze area. It is an important commercial, industrial and agricultural centre serving the surrounding communities and the Richards Bay industrial hub. The town benefits from excellent road connections, including the N2 highway, providing convenient access to Richards Bay, Durban and northern KwaZulu-Natal. Empangeni has a diverse economy supported by retail, manufacturing, logistics, agriculture and professional services. The area offers a range of residential, commercial and industrial properties, while nearby attractions include nature reserves, beaches and the scenic Zululand coastline.
All prices quoted exclude VAT unless explicitly stated otherwise.
Listed for sale at R175,000,000
Empangeni Central is a well-established, convenient commercial hub that offers residents a blend of suburban comfort, essential amenities, and easy access to the industrial and coastal attractions of the KwaZulu-Natal North Coast.
