R34,000,000

R34,000,000

5,192m² Retail For Sale in Kwazakhele
5 Meke Street
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Cashbuild-Anchored Shopping Centre For Sale in Kwazakhele

Web Ref. BCL36
Land size 10625.00 m²
Floor size 5192.00 m²
Monthly Bond Repayment
R311,011.36
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.
Monthly Rates R77,426.33

Features

Zoning
Retail
Sizes
Land Size 10,625 m²
Floor Size 5,192 m²
Listing Info
Date Listed 23-07-26
Time Listed 10:29

Disclaimer

While every effort will be made to ensure that the information contained within the Brothers Property Group website is accurate and up to date, Brothers Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.