4,300m² Building For Sale in Gandhinagar
R43,000,000
Web Ref No WCL254
PRIME COMMERCIAL INVESTMENT OPPORTUNITY IN THE HEART OF TONGAAT
Set in the vibrant commercial heart of Tongaat, this exceptional property presents a rare opportunity for investors seeking a solid and sustainable income-generating asset. Positioned on a busy intersection with direct access from both the main road and a secondary street, the building benefits from exceptional visibility and continuous foot traffic.
Comprising 65 fully let retail shops and 4 residential flats – including a 4-bedroom, 3-bedroom, 2-bedroom, and 1-bedroom unit – this property is designed for optimal occupancy and income diversification. Its well-established tenant base includes a mix of trusted, high-demand local businesses that contribute to the area’s strong economic activity.
Built to accommodate a variety of commercial needs, the layout offers a flexible mix of unit sizes, making it attractive to a wide range of retailers and service providers. The rental income is consistently impressive, highlighting the strength of both the location and the current leasing structure.
Property Highlights:
• 65 retail shops, all fully tenanted
• 4 residential units (4-bed, 3-bed, 2-bed, and 1-bed)
• Dual access from two prominent roads
• Positioned in a thriving, high-footfall area
• Excellent rental income performance
• Long-standing tenants and well-maintained infrastructure
• Ideal for portfolio expansion or long-term growth investment
This is an unmatched opportunity to acquire a premier commercial asset in one of Tongaat’s busiest and most desirable business zones. A smart, secure investment with a proven track record.
Comprising 65 fully let retail shops and 4 residential flats – including a 4-bedroom, 3-bedroom, 2-bedroom, and 1-bedroom unit – this property is designed for optimal occupancy and income diversification. Its well-established tenant base includes a mix of trusted, high-demand local businesses that contribute to the area’s strong economic activity.
Built to accommodate a variety of commercial needs, the layout offers a flexible mix of unit sizes, making it attractive to a wide range of retailers and service providers. The rental income is consistently impressive, highlighting the strength of both the location and the current leasing structure.
Property Highlights:
• 65 retail shops, all fully tenanted
• 4 residential units (4-bed, 3-bed, 2-bed, and 1-bed)
• Dual access from two prominent roads
• Positioned in a thriving, high-footfall area
• Excellent rental income performance
• Long-standing tenants and well-maintained infrastructure
• Ideal for portfolio expansion or long-term growth investment
This is an unmatched opportunity to acquire a premier commercial asset in one of Tongaat’s busiest and most desirable business zones. A smart, secure investment with a proven track record.
Features
Zoning Commercial
Monthly Rates R15,000.00pm Excl. VAT
Floor Size 4,300m²
Land Size 1,603m²
Monthly Rates R15,000.00pm Excl. VAT
Floor Size 4,300m²
Land Size 1,603m²
Broker Contact Details
Message the Agent
1 of 1
