Njoli Shopping Centre is situated on the corner of Njoli Street and Meke Road, along the main route linking New Brighton and Kwazakhele. The property benefits from good visibility, pedestrian activity and access to established taxi routes.
The freehold property comprises a land extent of approximately 10,625m² and a gross lettable area of approximately 5,192m². It is zoned Business and anchored by Cashbuild, supported by a mix of financial, cellular, furniture and general retail tenants.
The centre currently produces net rental income of approximately R108,183 per month. Several units remain vacant, including approximately 2,543m² of former anchor space, providing an opportunity to increase the centre’s income through further letting.
Property details:
• Land extent: ±10,625m²
• Gross lettable area: ±5,192m²
• Zoning: Business
• Anchor tenant: Cashbuild
• Current net rental: ±R108,183 per month
• Asking price: On application
Full financial information and the tenancy schedule are available to qualified purchasers.