Retail for sale
Position your business at the heart of Malabar's vibrant arterial strip, with prominent corner exposure, 918m² land, on-site parking and dual access — ideal for mixed-use redevelopment.
Sole Mandate | Prime 918m2 Business 1 Corner Site – Malabar Price: R2,200,000 (Excl. VAT)
Seize one of the final remaining high exposure corner opportunities in Malabar. Boasting a generous 918m2 erf and the most versatile Business 1 Zoning, this property is a blank canvas for a landmark commercial or mixed use development.
Property Specifications The land size is 918m2 with a current structure of 313m2 that is ready for immediate conversion or redevelopment. The Business 1 zoning is the most flexible commercial tier available, allowing for retail, professional, or residential usage. The site includes generous on site parking capacity with dual access potential from the corner intersection.
Development & Investment Opportunity The strategic corner location provides unrivaled brand visibility on a major arterial route to ensure maximum traffic and accessibility. The site’s footprint and zoning allow for significant vertical expansion, with the potential to develop a 2 or 3 story building to maximize floor area ratio and ROI. The space is fully compliant for a wide range of uses including retail centers, professional suites, medical hubs, or mixed use residential developments.
Whether you are looking to establish a multi tenanted retail mart or a flagship professional firm, this site offers the visibility and rights needed to succeed in Malabar’s evolving market.
Contact Me to discuss the redevelopment potential and arrange a private site inspection.
Listed for sale at R2,550,000
Price reduced by 2.0% to R2,500,000
Price reduced by 12.0% to R2,200,000
Malabar is a well-established residential and light commercial suburb in Gqeberha that offers strategic proximity to major industrial hubs and arterial transport routes, making it an accessible location for businesses serving the northern and central parts of the city.