Immediate Income. Future Growth. Exceptional Potential.
Opportunities offering both immediate cash flow and significant development potential are exceptionally rare.
Positioned on one of the busiest arterial roads in western Pretoria, this 1.8774-hectare property presents investors and developers with the unique opportunity to acquire an established income-producing commercial asset while unlocking the future potential of a landmark convenience retail centre.
Generating an existing annual rental income (current actuals and speces occupied -ignoring vacancies) of approximately R2.4 million (excluding VAT), the property is offered at R30 million (excluding VAT), providing an attractive 8% return on investment from day one.
Unlike conventional development sites that incur holding costs before producing an income, this investment allows purchasers to earn a return while planning and implementing the next phase of development.
A Strategic Location
Situated on Van der Hoff Road at a prominent intersection connecting more than four established suburbs, the property enjoys exceptional exposure along one of western Pretoria's busiest commercial corridors.
The surrounding catchment offers:
• Outstanding vehicle exposure throughout the day
• Significant pedestrian traffic
• A well-established medium- to lower-LSM customer base
• Excellent accessibility from multiple surrounding residential suburbs
• Proven retail demand within an established trade area
Locations with this combination of accessibility, visibility and established consumer activity seldom become available.
Existing Income-Producing Asset
The property already accommodates established commercial improvements generating an annual rental income of approximately R2.4 million.
Importantly, the existing buildings occupy only a portion of the site, allowing the balance of the property to be strategically developed while maintaining income from the current improvements.
This presents a rare opportunity to implement a phased development strategy, significantly reducing the financial risk typically associated with greenfield retail developments.
Designed for the Future
Over a number of years, an extensive architectural design process has explored the site's highest and best use, culminating in a refined retail development concept that responds to the surrounding market and consumer demand.
The proposed vision accommodates a modern convenience retail centre of approximately 6,000–8,000m², subject to all statutory approvals and municipal requirements.
The concept has been carefully considered to provide:
• Prominent anchor retail opportunities
• Flexible retail spaces suitable for national and independent tenants
• Convenient customer circulation
• Extensive parking
• Restaurant and outdoor dining opportunities
• A modern architectural identity designed to become a retail landmark within the area
Interest from several national retailers has already demonstrated the commercial appeal of the proposed development.
Investment Highlights
• 1.8774-hectare development site
• Existing annual rental income of approximately R2.4 million
• Asking price: R30 million (excluding VAT)
• Approximately 8% return on investment
• Opportunity for phased development while maintaining existing income
• Exceptional visibility along Van der Hoff Road
• High daily vehicle volumes and substantial pedestrian traffic
• Centrally positioned between multiple established residential suburbs
• Strong demand from national retailers
• Potential retail development of approximately 6,000–8,000m², subject to approvals
A Rare Opportunity
Whether your objective is to secure a stable income-producing commercial investment, develop a modern neighbourhood shopping destination, or create a long-term institutional asset, opportunities offering immediate returns together with substantial development upside are exceptionally scarce.
We invite qualified investors and developers to contact us for further information regarding this exceptional opportunity.
Architectural Rendering Disclaimer
The architectural renderings are conceptual illustrations prepared to demonstrate the potential future development of the property. Any tenant names, logos or signage depicted are for illustrative purposes only and do not constitute confirmation or representation that such retailers or businesses will occupy the proposed development. The final tenant mix will be subject to commercial negotiations and lease agreements.