Retail Space Delver Deep, Marshalltown

R12 936 | 66 m2 @ R196 per m2

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Delver Deep Shop 3 Retail Space TO RENT

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"Location, Location, Location: Don't Miss Out on This Prime Retail Space for Lease on a Busy Corner in Central Johannesburg!"

A neat Retail Space TO LET with ample business to go around with ranging foot traffic proudly brought to you by one of the largest taxi associations that has based itself right at the doorway.

This unit offers enough space to operate and comfortably seat patriots in a pleasant environment.

Open the heavy-duty metal doors will usher in all the light the corner has to offer while making sure that lock up is given surety of unquestionable security. Some TLC can bring all fixtures up to date and bring things to book.

Building Description

"Seamlessly Combine Investment Potential with a Prime Location: Check Out This Mixed-Use Investment Opportunity for Sale in Marshalltown!" This 100% tenanted mixed-use retail and residential investment opportunity for sale situated in Marshalltown, Johannesburg offers investors +- 850 m2 of GLA and a forward NOI yield of +- 10.60% at a purchase consideration of R 11 million (+- R 13 000/m2). This investment opportunity consists of +-30 residential units and less than 5 retail units. Marshalltown is an emerging business district known for its nightlife, coffee shops, high-rise buildings and houses various corporate headquarters and government buildings. The area is an ideal location for those who conduct business in the Johannesburg CBD frequently as it is situated a mere 0.60 km from this investment property. This property is also well suited for students who commute to the University of Johannesburg or the University of the Witwatersrand main campuses which are located +- 10.00km and +-3.00km respectively. Marshalltown’s great bus system network as well as the Gautrain Park Station (situated +-2.00km away) make it easy for commuters to travel to other CBDs and neighboring suburbs.

Broker Details

Bheka Luthuli, Commercial Property Broker

Bheka Luthuli

M: +27828963339

O: 087 234 8000

E: bhekal@anvilproperty.co.za

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