Commercial - Retail for Sale in Wynberg Upper

Description

Accepting Offers. DESCRIPTION: We've been instructed to dispose of 15 non-core properties from a listed fund valued over R825mill. This presents a perfect opportunity to institutional investors and private investors that want to expand their portfolio. Backed by strong incomes from A-grade, national tenants under triple-net long term leases, these buildings offer steady returns with upside value potential through capex investments and re-tenanting. The primary mix of properties are office & retail, located nationally across key nodes in Western Cape, Gauteng & Pretoria, Limpopo, allowing for solid capital appreciation. The key insights detailed below: • Property A - R17,25mill Area: Woodmead, Gauteng, Erf size: 5,854 GLA: 1,610m², Type: Office, Zoning: Business 4 • Property B - R66mill Area: Sandton, Gauteng, Erf size: 4,320m², GLA: 8,970m², Type: Office, Zoning: Business 4 • Property C - R110mill Area: Sandton, Gauteng, Erf size: 11,383m², GLA: 8,326m², Type: Office, Zoning: Business • Property D - R50mill Area: Hatfield, Pretoria, Erf size: 3,317m², GLA: 5,232m², Type: Office, Zoning: Business • Property E - R23mill Area: Hatfield, Pretoria, Erf size: 2,637m², GLA: 3,753m², Type: Office, Zoning: Business • Property F - R62mill Area: Essexwold, Gauteng, Erf size: 36,420m², GLA: 10,942m² Type: Office, Zoning: Special • Property G - R50,6mill Area: Persequor, Gauteng, Erf size: 14,926m², GLA: 5,435m², Type: Office, Zoning: Business • Property H - R39mill Area: Rosebank, Gauteng, Erf size: 6,052m², GLA: 3,433m², Type: Office, Zoning: Business 4 • Property I - R59,5mill Area: JHB CBD, Gauteng, Erf size: 1,984m², GLA: 12,519m², Type: Office, Zoning: Business • Property J - R126mill Area: Parktown, Gauteng, Erf size: 16,908m², GLA: 16,620m², Type: Office, Zoning: Business 4 • Property K - R81mill Area: Cape Town, Western Cape, Erf size: 8,832m², GLA: 6,281m², Type: Retail, Zoning: General Business 5 • Property L - R103,5mill Area: Polokwane, Limpopo, Erf size: 11,389m², GLA: 9,428m², Type: Retail, Zoning: Business • Property M -R57mill Area: Mamelodi, Pretoria, Erf size: 11,040m², GLA: 6,492m², Type: Retail, Zoning: Business • Property N - R20,5mill Area: Germiston, Gauteng, Erf size: 9,797m², GLA: 3,991m², Type: Retail, Zoning: Business 2 • Property O - R23mill Area: Die Hoewes, Gauteng, Erf size: 9,940m², GLA: 1,251m², Type: Office, Zoning: Business Should you be interested in the entire portfolio or a particular property above, please request an NDA with the relevant reference above (i.e. NDA for Property A OR Interested in Prop A, B and C). All purchasers will undergo vetting requirements. The properties can be bought separately or together. Prices disclosed above are suggested values & excludes VAT. Note that all offers are subject to sellers' confirmation. In-house letting services for investors looking for tenants or secured leases. Our Advisory division is on hand to assist portfolio analysis & due diligence . Exclusive commercial finance can be arranged. All viewings are by appointment and subject to vetting requirements. Contact Sachin & Rob for more info or OTP. DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.