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"Where Retail Excellence Thrives: Your Destination for Success in Newcastle Central"

R 65,000,000

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3 months ago133 views
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General Details
Description
Prime Retail Space in Newcastle Central
Located in the heart of Newcastle Central, this commercial property offers an exceptional opportunity for investors or businesses looking to establish themselves in a thriving retail environment. Boasting 8030m² of gross lettable space, ample parking, and a strategic proximity to the main taxi rank, this property is ideally suited for a variety of retail ventures including a China mall, supermarket, hardware store, or cash and carry.
Key Features:Gross Lettable Space:8030m²Height:6 meters on the first floor, 6â??17 meters on the second floorLocation:Walking distance to the main taxi rankTenant Mix:Currently hosting 5 tenants including office spaces and guard areasEnergy Efficiency:Solar system installed, designed to be eco-friendly and solar-readyFire Safety:Full fire control and sprinkler system installedConvenience:Travellators provide easy access to the second floorParking:Ample parking space for customers and employeesLand Area:Approximately 12000sqm in the heart of the CBDHigh-Quality Finishes:Internal finishes feature premium materials and executive standard fittingsSecurity:Access control measures in place for added securityYard Area:G block paved with parking for approximately 75 cars
Internal Features:Two travellators with 10mm glass balustrades and stainless-steel metalworkElectronic controlled roller shutter doors for convenience and securityInternal offices and storerooms for operational efficiencyStaff restrooms equipped with executive standard fittingsGood hoists for handling goods effectivelyIndustry-standard finishes in the hardware warehouse section
Investment Opportunity:
With its prime location, extensive lettable space, and range of amenities, this property presents an attractive investment opportunity in Newcastle Central's bustling retail landscape. Whether you're looking to establish a new retail venture or expand an existing one, this property offers the space and features necessary for success.
Private Viewing:
Don't miss out on this exceptional opportunity. Call today to schedule a private viewing and discover the potential this property holds for your business aspirations.
This description highlights the property's key features, amenities, and investment potential while enticing potential buyers or lessees to inquire further.
Sell you soon !

Property Reference #: 7002001-52746

Agent Details:
Miceala Erasmus
eXp South Africa
South Africa

Id Subtitle 1283057122
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Estimated monthly repaymentR 704,410
Total property loan amountR 65,000,000
Total interestR 104,058,302
Total repaymentR 169,058,302
Interest rate at 11.75% for 20 years *
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eXp South Africa
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