SHOPRITE FOR SALE

This well-positioned retail investment opportunity offers a total GLA of approximately 8,570m², comprising a strong mix of retail and office accommodation. Anchored by Shoprite on a secure 10-year lease effective from 1 December 2023, the centre is further supported by established national tenants including Shoprite Liquor, Spitz, Tekkie Town, and Old Mutual. The property benefits from strong retail occupancy of approximately 95% and generates a net operating income of R1,198,472 per month, presenting investors with a stable income-producing asset underpinned by national covenant strength.