Extent: ± 2 676 m² | GBA: ± 1 132 m² | Zoning: Business 1 | 12 Units with multiple tenants
Shopping Centre in Valhalla
In2assets is excited to present this multi-tenanted income generating shopping centre to the market.
The property provides an opportunity to service the primarily residential surrounding node with retail offerings.
Location:
This property is located at 29 Hekla 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 Tshwane. The R101 also connects the area to the N1 and N14 respectively. The immediate area is primarily residential. Additionally, the property benefits from the proximity of the South African National Airbase, military schools and bases providing the centre with foot traffic.
Improvements:
This single-story shopping centre is comprised of 12 units which all enjoy large shop fronts and access via glass doors, except for the flower kiosk and shed.
• Structure: Concrete, brick, and steel.
• External walls: Brick and aluminium cladding
• Internal walls: Painted plastered brick and drywall partitioning.
• Roof and Ceiling: A pitched corrugated iron roof with suspended ceilings.
• Airconditioning: Split aircon units to the shops.
• Floors: Concrete floors with ceramic tiles.
There is ample parking on the property including 69 bays as well as additional parking near select units.
The property is access via two separate entrances on Hekla Road and Vindhella Road respectively.
Conclusion:
This investment property should certainly attract interest from prospective investors looking for retail opportunities.
