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

South Africa, Western Cape, ID 248832

Well-positioned Shopping Centre For Sale in the Western Cape on the Garden Route 1
Well-positioned Shopping Centre For Sale in the Western Cape on the Garden Route 1
Asking price:
ZARR11 500 000
Net profit (per year):R1 596 000 zar
Owner
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Description

Well-positioned shopping centre available for acquisition in Plettenberg Bay.This retail property, located just off the N2, presents an excellent investment opportunity in a rapidly growing and developing area.The strategic location offers convenience for local residents, allowing easy access for shopping on their way home from work. The centre features a strong anchor tenant together with stable smaller tenants, maintaining a clean and well-managed retail environment.The property is currently underutilized, providing significant potential for increased returns through further development and the introduction of additional well-known fast-food outlets and complementary businesses.Situated in an area with strong demand for quality retail facilities, this shopping centre offers substantial growth and profitability potential with the right investment and strategic improvements.Further information is available from Lee Caldecott at Garden Route Business Brokers.

Details

Real Estate: Lease
Asking price: 11 500 000 zar
Net profit (per year): 1 596 000 zar

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