1,850m² Business For Sale in Kwanokuthula Township
Web Ref.
CPLT-3368-3828542
Land size
3214.00 m²
Floor size
1850.00 m²
Anchor your Property Portfolio on a Shopping Centre For Sale in Plettenberg Bay
DUAL MANDATE
A shopping centre located just off the N2 at the entrance of Kwanokuthula is currently for sale. Benefitting from a high-volume captive market, the center serves as a primary retail node for the Kwanokuthula community, ensuring consistent footfall and high visibility for tenants." Plettenberg Bay is no longer just a holiday town; it's a semi-gration hotspot, which means more employment. As the town transitions into a year-round economic hub driven by significant semigration, this asset offers a defensive investment in a rapidly expanding precinct."
The centre features an anchor tenant along with stable, smaller tenants. However, the property is currently underutilized, and with the addition of a few well-known fast food outlets, the return on investment could increase even further. This shopping centre is situated in an area where a quality shopping experience is much needed, and with some attention to detail, the potential for growth and profitability is substantial. An upgrade to a mixed-use complex incorporating Residential could be an idea to expand on.
For further information, please contact Sandra Caldecott from Chas International Property Group in Plettenberg Bay.
DUAL MANDATE
A shopping centre located just off the N2 at the entrance of Kwanokuthula is currently for sale. Benefitting from a high-volume captive market, the center serves as a primary retail node for the Kwanokuthula community, ensuring consistent footfall and high visibility for tenants." Plettenberg Bay is no longer just a holiday town; it's a semi-gration hotspot, which means more employment. As the town transitions into a year-round economic hub driven by significant semigration, this asset offers a defensive investment in a rapidly expanding precinct."
The centre features an anchor tenant along with stable, smaller tenants. However, the property is currently underutilized, and with the addition of a few well-known fast food outlets, the return on investment could increase even further. This shopping centre is situated in an area where a quality shopping experience is much needed, and with some attention to detail, the potential for growth and profitability is substantial. An upgrade to a mixed-use complex incorporating Residential could be an idea to expand on.
For further information, please contact Sandra Caldecott from Chas International Property Group in Plettenberg Bay.
Monthly Rates
R7,794
Features
Zoning
Interior
Sizes
Additional Amenities
Listing Info
Print
Sandra Caldecott
Qualified Property Practitioner
Kwanokuthula Township, Plettenberg Bay
- Street map
- Street view
Finance
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
