1,956m² Building For Sale in Boston

R15,500,000

Web Ref No CL3637

FOR SALE – Commercial Centre, 28 Voortrekker Road, Boston, Bellville

Harcourts Commercial is proud to present this fully tenanted commercial centre, occupying a 1 561 m² erf on Voortrekker Road in Boston, Bellville. Strategically located on one of Cape Town’s key arterial routes, the property benefits from high-volume vehicular exposure, easy access to Tygervalley, Bellville CBD, and the N1 highway.

Anchored by a liquor wholesaler (342 m², lease to Sep 2027, 7% annual escalations), and complemented by a liquor distributor (882 m², lease to Jan 2032, 6% escalations) and an automotive workshop (732 m², lease to Jun 2026, 5% escalations), this centre delivers a resilient, inflation-linked income stream. All municipal charges, rates, and insurance are fully recovered from tenants, further bolstering net returns.

Key Features Include:
• Anchor business: Liquor wholesaler on lease until 30 Sep 2027
• Diversified mix: Liquor distributor and automotive workshop across 1 956 m² GLA, minimising vacancy risk
• Structured escalations: Pro-rata rental increases of 5–7% per annum
• All municipal usage charges recovered from tenants
• Prominent frontage & parking: Excellent street visibility with ample on-site parking

Financial Overview
• Net Income (p.a.): R 1 301 152
• Net Yield: 8.6%
• Rate per m²: R 7 719.84

Size & Pricing
• Stand / GLA: 1 561 m² / 1 956 m²
• Asking Price: R 15 100 000 (Excluding VAT; may qualify for zero-rated VAT)
• Available: Accepting offers

At Harcourts-Dunn, we know that the right commercial investment is defined by location, business strength, and sustainable cash flow. Our unwavering commitment to reliability, consistency, and integrity ensures that every transaction is handled with the utmost professionalism and transparency.

For expert guidance on buying, selling, leasing, or valuing retail and commercial properties, please contact Riaan Grobbelaar for assistance.

Our Services Include:
• Selling and leasing of retail and commercial properties
• Development advisory for industrial and commercial land
• Comprehensive property valuation services
• Access to exclusive investment opportunities