Cambridge West, East London, Eastern Cape ID 1253618
0.0
0
870m2
1755m2
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.
Sotheby's International Realty East London
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