Ishongwe Centre,17 Main Street, Eshowe, KwaZulu-Natal
Extent: ± 23 071 m² | GBA: ± 4 935 m² | Ample parking - 135 parking bays | Gross Annual Income: ± R7.2 Million (excluding recoveries) | Further upside – currently with a vacant unit | Anchor Tenants: National Supermarket & Clothing Outlet | 435 KW Solar System installed | High exposure- Corner site | High foot traffic zone next to Eshowe Taxi Rank
Eshowe, KwaZulu-Natal
Presenting a well-established shopping centre strategically located on the high-traffic Main Street in the heart of Eshowe. This multi-tenanted retail property offers excellent visibility, a strong tenant mix, and sustainable infrastructure, making it a prime investment opportunity in KwaZulu-Natal.
Property Breakdown & Features The property extends to approximately 23 071 m², with a Gross Building Area of ± 4 935 m². It provides ample on-site parking, accommodating 135 vehicles, and is positioned on a prominent corner site ensuring maximum exposure. The centre is located in a high foot-traffic retail zone, further boosting its commercial appeal and trading strength.
Tenancy & Income Potential Ishongwe Centre generates a Gross Annual Income of ± R7.2 million, excluding recoveries, supported by a stable and diversified tenant base. The property is anchored by a national supermarket and a well-known clothing outlet, ensuring consistent rental performance. This investment offers secure cash flow and long-term growth potential.
Facilities & Sustainability The centre benefits from modern infrastructure, including a 435 KW solar power system which significantly reduces operating costs and enhances sustainability. The layout has been designed to accommodate high shopper volumes while maintaining efficient circulation and accessibility.
Property Locality Ishongwe Centre is situated on Main Street, the primary commercial artery in Eshowe. This central location ensures strong visibility, high volumes of both pedestrian and vehicular traffic, and easy access for customers from the surrounding residential and business communities. The centre’s position within the town makes it a focal point of retail activity in the area.
Conclusion This retail investment combines secure income, strong national anchors, and excellent exposure in a bustling commercial hub. With sustainable infrastructure and long-term tenant stability, Ishongwe Centre represents an attractive acquisition for investors looking to secure a quality retail asset in KwaZulu-Natal.
