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Retail Space for Sale - New Time Square, 53 Arena Close, Bruma

R 1,320,000

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2 months ago64 views
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Description
This 165m² retail unit, located within the popular New Time Square in Bruma, offers an excellent opportunity for investors or owner-occupiers seeking a well-positioned commercial property. Priced at R1,320,000 excluding VAT, this space is ideal for a variety of retail or service-oriented businesses looking to benefit from a high-visibility and accessible location.

The unit provides a functional layout that can easily be adapted to suit different business needs, whether for retail display, showroom purposes, or client-facing operations. Monthly municipal charges include rates of R2,249.36 and refuse removal of R277.15.

Situated in Bruma, one of Johannesburg’s most established commercial and retail nodes, New Time Square benefits from proximity to major routes such as the N3 and R24, offering easy access to surrounding areas including Bedfordview, Kensington, and the Johannesburg CBD. The area attracts steady foot traffic from nearby residential suburbs, offices, and shopping destinations like Eastgate Mall, providing excellent exposure for any retail operation. Tenants and business owners can enjoy a convenient, vibrant environment with a strong customer base and great transport links.

Property Reference #: CL117382

Agent Details:
Adele Ferguson
OfficePlace
API House
Ground floor
85 Wessel Road
Rivonia

Id Subtitle 1338528251
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Estimated monthly repaymentR 13,402
Total property loan amountR 1,320,000
Total interestR 1,896,246
Total repaymentR 3,216,246
Interest rate at 10.75% for 20 years *
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