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High-footfall shopping destination on the main arterial route between New Brighton and KwaZakhele, offering exceptional visibility and an established Cashbuild anchor lease — value-add retail with varied line shops.
This well-positioned retail centre presents an exceptional investment opportunity along the main arterial route linking New Brighton and KwaZakhele. The property benefits from outstanding visibility, strong passing trade, and a strategic location within a well-established commercial node.
The centre is securely anchored by Cashbuild, with a lease in place until October 2028, providing investors with reliable and stable rental income.
A second anchor unit, previously occupied by Boxer, is currently vacant and being actively marketed, offering investors the opportunity to secure an additional national tenant and enhance future returns.
The centre also features a variety of well-sized line shops ranging from 50m2 to 400m2, creating a diverse tenant mix and consistent foot traffic.
This asset is priced below municipal valuation, presenting a rare value-add investment opportunity in a high-demand retail trade area.
Contact me for a full income and expense schedule.
Price excludes VAT.
Listed for sale at R35,000,000
Kwazakhele is a high-density township area in Gqeberha that offers significant opportunities for retail and service-based businesses targeting a large local consumer market, supported by proximity to major industrial corridors.
* Distances and amenities are approximate.
