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Motherwell Shopping Centre For Sale
R 40,000,000
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General Details
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Description
Discover an exceptional investment opportunity with the Motherwell Shopping Centre, located in the vibrant city of Port Elizabeth. This well-established shopping centre is now available for sale, offering an array of attractive features and high potential for returns.
Situated on a spacious erf size of 10,130m², the Motherwell Shopping Centre boasts a generous building size of 5,136m². The property is ideally positioned to cater to the needs of the surrounding community, providing easy accessibility and a prominent presence in the area.
One of the key highlights of this shopping centre is its anchor tenant, Boxer, a reputable and well-known brand in the retail industry. Boxer's presence ensures a steady stream of foot traffic and contributes to the overall success of the centre. With Boxer as the anchor tenant, you can count on a reliable source of income and continued growth potential.
Ample parking facilities are available at the Motherwell Shopping Centre, ensuring convenient access for shoppers and visitors. The parking area provides a hassle-free experience, encouraging customers to spend more time exploring the diverse range of retail offerings within the centre.
Asking at an attractive price of R40 million (plus VAT), this property presents an excellent investment opportunity for savvy buyers seeking to expand their portfolio or enter the lucrative retail sector. With its prime location, established anchor tenant, and ample parking, the Motherwell Shopping Centre has all the ingredients for a successful venture.
Don't miss out on this chance to acquire a highly sought-after shopping centre in Port Elizabeth. Contact us today to arrange a viewing and secure your place in this thriving retail market. Invest in Motherwell Shopping Centre and watch your investment flourish.
Property Reference #: CL7228
Agent Details:
Christo Pretorius
Just Property
Bloomingdales Office Park
34 9th Avenue Walmer
Port Elizabeth
6070
Situated on a spacious erf size of 10,130m², the Motherwell Shopping Centre boasts a generous building size of 5,136m². The property is ideally positioned to cater to the needs of the surrounding community, providing easy accessibility and a prominent presence in the area.
One of the key highlights of this shopping centre is its anchor tenant, Boxer, a reputable and well-known brand in the retail industry. Boxer's presence ensures a steady stream of foot traffic and contributes to the overall success of the centre. With Boxer as the anchor tenant, you can count on a reliable source of income and continued growth potential.
Ample parking facilities are available at the Motherwell Shopping Centre, ensuring convenient access for shoppers and visitors. The parking area provides a hassle-free experience, encouraging customers to spend more time exploring the diverse range of retail offerings within the centre.
Asking at an attractive price of R40 million (plus VAT), this property presents an excellent investment opportunity for savvy buyers seeking to expand their portfolio or enter the lucrative retail sector. With its prime location, established anchor tenant, and ample parking, the Motherwell Shopping Centre has all the ingredients for a successful venture.
Don't miss out on this chance to acquire a highly sought-after shopping centre in Port Elizabeth. Contact us today to arrange a viewing and secure your place in this thriving retail market. Invest in Motherwell Shopping Centre and watch your investment flourish.
Property Reference #: CL7228
Agent Details:
Christo Pretorius
Just Property
Bloomingdales Office Park
34 9th Avenue Walmer
Port Elizabeth
6070
Id Subtitle 1283044410
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Estimated monthly repaymentR 433,483
Total property loan amountR 40,000,000
Total interestR 64,035,879
Total repaymentR 104,035,879
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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