Property description

Discover a prime commercial investment opportunity in the bustling suburb of Kwazakhele, Port Elizabeth, South Africa. This well-established retail centre spans an impressive Erf Size of 3784.00 sqm with a substantial Floor Size of 2142.00 sqm, offering significant potential for growth and returns. The property benefits from a strategic location with high visibility and accessibility, serving a vibrant local community.

The centre features a robust tenant mix, anchored by prominent retailers such as Shoprite U-Save and PicardiReBEL Liquors, ensuring consistent foot traffic and a stable income stream. Additional amenities include on-site FNB and Nedbank ATMs, and popular eateries like Zovuyo's Kitchen, further enhancing its appeal as a community hub. The property comprises multiple brick retail units, some of which are currently available 'To Let', presenting immediate opportunities for new businesses or expansion.

Operational features include a large, well-maintained paved parking lot offering ample space for customers and mini-bus taxis, crucial for a high-traffic retail environment. The functional exterior, coupled with security fencing and visible security bars on units, provides a secure and practical setting for businesses. Outdoor seating areas and clear signage contribute to a welcoming commercial atmosphere.

This commercial property represents a compelling acquisition for investors seeking a stable asset with strong anchor tenants and diverse income streams. Its established presence and potential for further tenant diversification make it an attractive proposition in the Port Elizabeth commercial real estate market.

Key Features:
* Erf Size: 3784.00 sqm
* Floor Size: 2142.00 sqm
* Anchor Tenants: Shoprite U-Save, PicardiReBEL Liquors
* On-site ATMs: FNB, Nedbank
* Ample Paved Parking
* Multiple Retail Units
* High Foot Traffic Location
* 'To Let' Units Available

PRICE EXCLUDES VAT