SHOPRITE FOR SALE

This well-established retail investment opportunity offers investors exposure to a convenience-focused shopping centre within a densely populated residential catchment. Anchored by a leading national grocery retailer on a long-term lease, the asset provides a secure income stream and strong trading fundamentals. The property comprises approximately 3,840m² of gross lettable area, including 2,995m² of retail space and 845m² of office accommodation. Currently operating at 78% occupancy, the centre generates a net operating income of approximately R5.1 million per annum and benefits from a 183kW solar installation, enhancing operational efficiency and reducing energy-related costs. Serving as a key neighbourhood shopping destination, the centre enjoys consistent foot traffic, strong visibility, and excellent accessibility. The combination of an established anchor tenant, diversified income profile, and leasing upside presents an attractive opportunity for investors seeking a resilient retail asset with future growth potential. GLA: ±3,840m² Occupancy: 78% Net Operating Income: ±R5.1 Million p.a. Solar Installation: 183kW Further information available upon request and subject to confidentiality.