R 19 900 000 | Commercial Property for Sale in Belhar

63 Paardeberg, Belhar, Cape Town

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Erf Size: 2 382 m²

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.