Property Showcase

Fully-Let Pick n Pay Retail Centre

Fully-Let Pick n' Pay Retail Centre
Fully-Let Pick n Pay Retail Centre

Description

Fully-let mixed-use neighbourhood shopping centre anchored by Pick n Pay Grocery and Pick n Pay Bottle Store
Strong gross annual income of ยฑ R4.8 Million offering immediate investment return
Strategically positioned on busy Plumer Street within a densely populated residential catchment of eMalahleni
Substantial land size of ยฑ 4000mยฒ with gross lettable area of ยฑ 3148mยฒ
Diverse income stream supported by retail, medical, residential and service-based tenants
Includes 7 spacious two-bedroom apartments providing additional residential rental income
Established tenants include private clinic, pharmacy, fast food outlet, salon, laundry and locksmith services
5 National banking ATM facilities on site enhancing daily foot traffic and consumer convenience
Necessity-based convenience centre servicing grocery, healthcare, banking and lifestyle requirements
Rare opportunity to acquire a resilient community-focused commercial asset in Mpumalangaโ€™s key industrial hub

Web Ref: 118913
Retail
Retail Shopping Centre
15 Dan Pienaar Ave, eMalahleni, Mpumalanga
eMalahleni
Mpumalanga
South Africa

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