Tap into Arbor Park’s bustling retail hub, steps from municipal flats and steady foot traffic; 12 leased shop units, dual-access delivery bay and R58,500 monthly income.
Positioned in a highly visible part of Arbor Park, this well-located commercial property offers a rare chance to secure a strong income-generating asset in a sought-after retail node, close to municipal flats and high foot traffic.
The property consists of 12 retail shop units, currently leased to 5 established tenants, with some tenants occupying multiple units to suit their business operations. This setup provides stable tenancy while still offering flexibility for future rental optimisation or reconfiguration.
Generating a current monthly rental income of R58,500, this is a solid investment with immediate returns in place.
Practical features include staff ablution facilities located at the rear of the building, as well as a convenient delivery bay accessible via two separate gates on either side of the property, ensuring smooth logistics and operational flow for tenants.
With its excellent visibility, established rental base, and strong location fundamentals, this property is ideal for investors looking to expand their commercial portfolio with an income-producing asset.
Opportunities like this don’t sit on the market for long.
Price includes commission and VAT.
Offers will be considered.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R3,700,000
Price increased by 8.1% to R4,000,000
Arborpark is a tranquil, well-established residential suburb in Newcastle that offers a peaceful family-oriented atmosphere with convenient access to the town's primary commercial and educational hubs.
* Distances and amenities are approximate.