Belhar Retail Investment - Fully Let with National Anchor Tenant
Web Ref.
NPLS-6805
Land size
2382 m²
Monthly Bond Repayment
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Belhar Retail Investment – Fully Let with National Anchor Tenant
63 Paardeberg Singel, Belhar, Cape Town
GLA: 2,382 m²
Price: ZAR 19,900,000
Gross Annual Income: ZAR 1,827,527
Expenses: ZAR 84,576
Yield: ±9%
Capital Rate per m²: ±ZAR 13,499
WALE: 4 years
Tenants: 8 fully let, including Shoprite USAVE as national anchor
Property Overview:
This freehold retail centre in Belhar offers a stable income stream with a strong tenant mix. Anchored by Shoprite USAVE, the property enjoys high visibility and consistent footfall. The supporting tenants complement the anchor, providing daily essentials and creating a diversified income stream.
Location & History:
Belhar is a well-established residential and retail hub within greater Bellville, characterised by dense population and consistent retail demand. Positioned on a busy commuter route linking Bellville South, Delft, and Airport Industria, the property benefits from strong passing trade and a loyal community customer base. This area has a history of low vacancies and consistent retail activity.
Investment Highlights:
·8 fully tenanted units
·National anchor tenant ensures steady footfall
·Prime location with high visibility and accessibility
·Stable, predictable income and low management requirements
Contact me today to arrange a confidential discussion and viewing.
Features
Property Type
Commercial
Listing Purpose
Sale
Municipal Rates
R 1
Occupation
19/10/2026
Levy
R 1
Property Location
Property Video
Finance
Total Amount Repayable
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Monthly Repayment
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Disclaimer
While every effort will be made to ensure that the information contained within the Northpoint Realty website is accurate and up to date, Northpoint Realty 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.