RETAIL CENTRE (Linmeyer)
Property information
This well-established neighbourhood shopping centre presents an attractive investment opportunity within a prominent retail node. Anchored by a leading national grocery retailer and supported by a strong mix of national and convenience-based tenants, the centre serves as a key shopping destination for the surrounding residential communities. Positioned at a highly visible intersection with excellent accessibility to major arterial routes, the property benefits from strong foot traffic, convenient customer access, and a diverse tenant profile. The centre offers a stable income stream with a net annual income of approximately R1.77 million and delivers an attractive yield of 9.25%. The asset is underpinned by long-term lease security, including an anchor tenant lease extending to 2042, and further benefits from recent lease renewals and future income growth opportunities. The combination of strong tenancy, strategic location, and established trading performance makes this an appealing acquisition for retail investors. Property Highlights Established Neighbourhood Shopping Centre Prime Corner Location Strong National Tenant Mix Anchor Tenant Lease Until 2042 Net Income: ±R1.77 Million p.a. Yield: 9.25% High Visibility & Accessibility 24-Hour Security Strong Residential Catchment Long-Term Investment Security Asking Price: Available on Request Further information available upon request and subject to confidentiality.
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