Property features

Available Immediately
Min Term 36 months
R 113
Security Estate

Property Details

A standout opportunity for a leading retail brand to anchor a shopping centre in one of Midrand’s most desirable commercial zones. This prime anchor retail space is positioned at the only entrance of The Local @ Kyalami retail centre, offering unbeatable visibility to all incoming foot and vehicle traffic. With a total rentable area of 1,522m, this unit comprises a 1,221m white-box retail floor and an additional 301m lower ground storage space. The shop is ideally suited for a grocer or supermarket retailer looking to establish a flagship presence in an upmarket area. The unit includes a hoist lift for convenient movement of stock between the shop floor and storage area, as well as a roller shutter door for delivery access. Internally, the unit is a clean shell, ready for tenant-specific fit-out, and includes 4 internal ablutions for staff and customer convenience. Rental: R172,190 per month excluding VAT, utilities, cleaning, internet, and parking, based on a 3 year lease agreement. The Local @ Kyalami is undergoing a revitalisation under new ownership and management, with planned upgrades set to enhance its modern appeal and functionality. Car guards patrol the parking area, offering added security. The centre is directly adjacent to Kyalami Business Park and Rivers Church and just down the road from the iconic Kyalami Grand Prix Circuit. It also offers seamless access to main arterial roads and highways, making it highly accessible for both customers and delivery logistics. The advertised prices and information are subject to change without prior notice. While we strive for accuracy, we cannot guarantee that all details, including pricing and availability, are current or free from error due to market fluctuations and other factors. Harcourts Jacaranda disclaims any liability for discrepancies or inaccuracies between advertised and actual prices. We encourage potential clients to confirm the latest pricing, availability, and property details directly with our office before making any decisions or commitments. All listed amounts exclude VAT unless otherwise specified.