Prime Retail Centre in Richards Bay Central
Unlock consistent returns from this strategically located retail center, anchored by leading corporate tenants in the heart of Richards Bay CBD.

Key Features:
Corporate Tenants: Securely tenanted by major brands including MTN, Nedbank, and one other, offering stability with 3-year leases.

Impressive Rental Income: Generating +/- R2.97 million per annum (excluding VAT and recoveries), providing a robust revenue stream.

Ample Space: 1,335 m² under roof all on the ground floor, offering well-designed retail space for both tenants and customers.

Abundant Parking: Plenty of parking in front and behind the building on the Municipal parking area, which connects to the Boardwalk Shopping Mall.

Prime Frontage: Positioned directly opposite the busy Boardwalk Shopping Mall parking area, maximizing foot traffic.

Double Access: The properties can be accessed from both Calypso Cove (front of building) and Lira Link (back of building) meaning that deliveries and customer access areas are separate.

Generator: 150 kVA: ABB with a Cummins engine and Deep Sea generator controller.

Surrounding Area:
Located in the vibrant central area of Richards Bay, this property benefits from high visibility on Lira Link Road and Calypso Cove which is one of the busiest commercial streets. The surrounding area includes key commercial and retail amenities, making it an ideal location for businesses seeking a central and well-connected space.

Branding Opportunities:
The retail centre’s prominent positioning and impressive facade offers exceptional branding opportunities, with high footfall from Boardwalk Shopping Mall and the adjacent municipal parking area. Tenants can leverage this strategic location to enhance their visibility in the thriving Richards Bay market.

Accessibility & Location:
With direct access to Lira Link Road, the property enjoys excellent connectivity to the wider Richards Bay area. The close proximity to Boardwalk Shopping Mall and municipal parking ensures ease of access for both tenants and customers, while also benefiting from the heavy pedestrian and vehicle traffic in this commercial hotspot.

Potential Uses:
While currently home to established retail tenants, this property’s flexible design and prime location allow for potential future expansion or conversion into mixed-use spaces. Its high foot traffic and central positioning make it suitable for continued retail use, professional services, banking, and other commercial ventures.

This is a rare opportunity to own a prime income-generating retail asset in one of the fastest-growing economic hubs in KwaZulu-Natal.