Extent: ± 6 519 m² | GBA: ± 2 695 m² | Zoning: Business 1 | Multi-Tenanted: Retail and offices
Multi-Tenanted Investment Property
In2assets is excited to present this multi-tenanted income-generating property, with good visibility from Old Johannesburg Road, to the market.
The property provides an opportunity to service the primarily residential surrounding node with retail and office offerings.
Location:
This property is located at 35 Vindhella Road in Valhalla, Centurion and enjoys good visibility from Old Johannesburg Road (R101) which is a busy arterial route connecting the surrounding suburbs of Centurion to Tshawne. The R101 also connects the area to the N1 and N14 respectively. The immediate area is primarily residential.
Improvements:
The partially enclosed property is constructed with face brick and metal façade under metal roofing.
Retail component - the retail component is comprised of five shops as well as a library all with road frontage. The units all vary in configuration depending on the tenant’s requirements. Access to the retail units is off Hekla Road. Retail lettable area totals ±1139m²
Office component - there are eight separate office units that vary in configuration. Access to these units is off Vindhella Road and the parking area is secured by a remote-controlled motorized gate. Additional features include two storerooms as well as ablution facilities. The lettable office and storage/supplementary areas total ±1020m².
The enclosed parking area hosts 3 shade net parking bays as well as 36 open parking bays. There is ample additional street-front parking.
Conclusion:
This investment property should certainly attract interest from prospective investors looking for retail opportunities.
