Web Ref No CL3637

Harcourts Commercial is proud to present this fully tenanted commercial centre, occupying a 1 561 m² erf on Voortrekker Road in Boston, Bellville. Strategically located on one of Cape Town’s key arterial routes, the property benefits from high-volume vehicular exposure, easy access to Tygervalley, Bellville CBD, and the N1 highway.

Anchored by a liquor wholesaler, and complemented by a liquor distributor and an automotive workshop, this centre delivers a resilient, inflation-linked income stream. Large portion of municipal charges, rates, and insurance are recovered from tenants, further bolstering net returns.

Key Features Include:
• Anchor business: Liquor wholesaler on lease until 30 Sep 2027
• Diversified mix: Liquor distributor and automotive workshop across 1 956 m² GLA, minimising vacancy risk
• Structured escalations: Pro-rata rental increases of 5–7% per annum
• Large portion of municipal usage charges recovered from tenants
• Prominent frontage & parking: Excellent street visibility with ample on-site parking

Financial Overview
• Net Income (p.a.): R 1 301 152
• Net Yield: 8.6%
• Rate per m²: R 7 719.84

Size & Pricing
• Stand / GLA: 1 561 m² / 1 956 m²
• Asking Price: R 15 100 000 (Excluding VAT; may qualify for zero-rated VAT)
• Available: Accepting offers

At Harcourts-Dunn, we know that the right commercial investment is defined by location, business strength, and sustainable cash flow. Our unwavering commitment to reliability, consistency, and integrity ensures that every transaction is handled with the utmost professionalism and transparency.

For expert guidance on buying, selling, leasing, or valuing retail and commercial properties, please contact Riaan Grobbelaar for assistance.

Our Services Include:
• Selling and leasing of retail and commercial properties
• Development advisory for industrial and commercial land
• Comprehensive property valuation services
• Access to exclusive investment opportunities

Disclaimer:
Every effort has been made to ensure the accuracy of the information provided in this listing. However, the landlord, broker, and associated parties cannot be held liable for any errors, omissions, or misstatements. Tenants/buyers are encouraged to verify all details during a site visit or with formal documentation.