Belhar Retail Investment - Fully Let with National Anchor Tenant

Belhar Retail Investment – Fully Let with National Anchor Tenant

63 Paardeberg Singel, Belhar, Cape Town

GLA: 2,382 m²

Price: ZAR 19,900,000

Gross Annual Income: ZAR 1,827,527

Expenses: ZAR 84,576

Yield: ±9%

Capital Rate per m²: ±ZAR 13,499

WALE: 4 years

Tenants: 8 fully let, including Shoprite USAVE as national anchor

Property Overview:

This freehold retail centre in Belhar offers a stable income stream with a strong tenant mix. Anchored by Shoprite USAVE, the property enjoys high visibility and consistent footfall. The supporting tenants complement the anchor, providing daily essentials and creating a diversified income stream.

Location & History:

Belhar is a well-established residential and retail hub within greater Bellville, characterised by dense population and consistent retail demand. Positioned on a busy commuter route linking Bellville South, Delft, and Airport Industria, the property benefits from strong passing trade and a loyal community customer base. This area has a history of low vacancies and consistent retail activity.

Investment Highlights:

·8 fully tenanted units

·National anchor tenant ensures steady footfall

·Prime location with high visibility and accessibility

·Stable, predictable income and low management requirements

Contact me today to arrange a confidential discussion and viewing.

Listed By Ameer Ameer

Contact Agent

Pentz Properties