Property description

A strategically positioned retail investment benefiting from continuous commuter activity and excellent visibility within an established commercial trading node. The proximity to the railway station and taxi rank as significant contributors to retail demand.  

 LOCATION AND INVESTMENT ADVANTAGES  

Prime Retail Position - High
Pedestrian Exposure  

The property occupies a prominent corner position in the heart of
Roodepoort CBD.  

Key location advantages:   

• Approximately 100 metres from Roodepoort Railway Station.  
• Directly adjacent to a busy taxi rank.  
• Prominent exposure to Station Street.  
• Additional visibility from Albertina Sisulu Street.  
• Excellent pedestrian accessibility.  
• Strong exposure to commuter and passing traffic.  
• Established retail trading environment.  
• Surrounded by businesses catering to the local consumer market.  
• Convenient access to public transport.   

Property type: Commercial retail  

Ownership: Freehold, with adjoining licensed land  

Registered erf size: 180 m²  

Gross Lettable Area (GLA): 591 m²  

Gross Building Area (GBA): 621 m²  

Number of retail shops: 5 (including combined Shops 3 and 4)  

Additional facilities: Storerooms, changerooms, bathrooms and ATM  

Zoning: Business 1  

Building height: Single storey  

Property condition: Average  

Occupancy: Retail shops tenanted; storage vacant  

Important: The development extends beyond the registered 180 m² erf onto adjoining land held under a mining licence. The improvements are integrated sold together. 

Shop 1: 133 m²   

Shop 2: 102 m²     

Shops 3 & 4 295 m² 

Shop 5 11 m² 

Storerooms and Changerooms 50 m² 

 Investment Performance  

Potential annual rental income R1,067,400     

Potential monthly rental income R88,950