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Highway Frontage Retail Property with Upside ON AUCTION

Highway Frontage Retail Property with Upside On Auction

Article image for Highway Frontage Retail Property with Upside ON AUCTION
Posted: 05 February 2024

Highway frontage retail property with upside on Auction

A prominent retail property investment opportunity will go on Auction on AuctionInc's multi-property auction on February 21st at 11:00 AM. Among the properties up for grabs stands a prime retail investment property with maximum exposure and strong property fundamentals.

Strategically positioned along the M19 highway with Gautrain frontage, this property offers unparalleled visibility and accessibility, making it a coveted destination for retailers seeking prime exposure. Boasting a substantial size of 3739m2 and a diverse portfolio of longstanding tenants, this investment promises stability and security. Moreover, with triple net leases in place, investors can rest assured of a steady income stream, further enhancing the property's appeal.

One of the most compelling aspects of this investment is its attractive yield. With leases signed during the Covid era, there exists substantial upside potential for growth, including opportunities to optimize rental rates, explore signage options, and leverage income from signal towers. Additionally, the property's strategic location ensures a constant flow of foot traffic, enhancing its appeal to both tenants and customers.

Investors will also appreciate the property's proximity to amenities such as shopping centers, restaurants, and public transportation hubs, further solidifying its position as an attractive investment opportunity.

According to Daniel Wachenheimer , Deal Maker at Auction: “ a property such as this does not come on the market very often and I am already inundated with enquiries due to the properties strong fundamnetals”.

This exceptional chance to secure a prime retail investment property in Zwartkops Centurion. Register now for AuctionInc's multi-property auction on February 21st at 11:00 AM, and take the first step towards unlocking the immense potential this property has to offer. With its strategic location, stable income, and promising upside potential, this investment represents a rare opportunity for investors to embark on a journey towards financial success and growth.

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