Business Zone 1, high profile corner property with a Quick Spar national franchise tenant and 25 parking bays.
An exceptional opportunity to acquire a well-positioned retail property anchored by a national supermarket brand, located in the heart of Cambridge West, East London.
Property Highlights:
Gross Lettable Area: ±728 sqm
Anchor Tenant: National supermarket brand (lease in final negotiation)
Sub-Tenants:
ABSA ATM – R5,706.96/month (inclusive)
Cellular Retailer – R4,250/month
Valuations:
Sworn Valuation: R7,600,000
Municipal Valuation: R7,900,000
Lease Structure:
A new 10-year lease is currently under negotiation, designed to support market-related rental growth.
Investment Considerations:
Strong, long-standing national anchor tenant with proven performance.
Additional sub-tenant income diversifies risk and enhances return.
Strategic location in an established commercial node.
The lease structure will provide long-term income stability and growth potential.
Ideal for investors seeking an income-generating asset backed by secure tenancy.
This property offers the security of a national brand anchor, supplementary tenant income, and the benefit of a structured long-term lease — making it a compelling acquisition for discerning investors.