Well-positioned Shopping Centre For Sale in the Western Cape on the Garden Route

Description

Property type: shopping centre

Location: Plettenberg Bay

Position: near the N2

Current status: operating retail property

Tenants

Anchor tenant: in place

Smaller tenants: established

Tenant mix: stable

Property

Retail environment: clean and managed

Current property use: underutilized

Location

Access from N2: convenient

Residential catchment: established

Local development activity: ongoing

Expansion options

• Further property development
• Add fast-food outlets
• Add complementary retail businesses
• Increase utilisation of existing space

Investment

Retail demand in the area: reported as strong

Growth potential: available

Return improvement potential: available through further development

Further information

Additional property information: available from Garden Route Business Brokers