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Property description
Prime Commercial Retail Building with Non-GLA Income Potential – Blackheath, Johannesburg
Located at the highly visible corner of Beyers Naude Drive and Weltevreden Road in Blackheath, this exceptional commercial property offers an outstanding investment opportunity with significant income potential, including non-GLA (Gross Lettable Area) income. Positioned at a busy intersection with high traffic flow, the building is an ideal location for blue-chip tenants seeking prominence and accessibility.
The property is situated in close proximity to the bustling Cresta Shopping Centre, providing easy access to a wide range of amenities and enhancing its appeal to both tenants and visitors.
Current Tenants :Dial a Bed and Adult World and many other with vacancy to be filled with potential blue chop retailers
The Tenants have established tenants have leases in place, ensuring a stable and reliable rental income stream. This commercial building offers a strategic location for businesses seeking a high-traffic area with significant growth potential.
Key Features:
Prime Corner Position – High visibility and excellent foot traffic
Close to Cresta Shopping Centre – A major retail hub, ensuring easy access to shopping, dining, and services
Stable Income – Existing long-term leases with reputable tenants, providing secure and reliable rental returns
Non-GLA Income Potential – Further opportunities for generating income beyond traditional lettable space
Attractive for Blue-Chip Tenants – Great potential to attract additional high-profile tenants
Expansive Lettable Area: With a generous amount of square meters of lettable space spread over multiple floors, this property offers exceptional flexibility. The space is ideal for owner occupation, allowing businesses to establish their headquarters or expand their operations in a pristine, move-in-ready condition. The property serves as a blank canvas for customization to meet specific business needs.
Security & Operational Excellence:
The property is located within a well-established office park, ensuring a peaceful and professional working environment. It is equipped with robust security measures, including controlled access, to safeguard your staff and assets. Additionally, the building is fitted with a dedicated generator, ensuring uninterrupted power supply during load shedding or unforeseen power outages, contributing to business continuity and operational excellence. Located in a prime area of Blackheath near Cresta Shopping Centre
Proximity: Close to Cresta Shopping Centre and major transport routes, ensuring easy access to retail, public transport, and a wide variety of amenities
Investment Opportunity:
This commercial property represents a rare and exceptional opportunity to invest in one of Johannesburg's most sought-after locations. With strong existing rental income and significant future potential, this property offers both short-term stability and long-term growth prospects. Seize the chance to establish your presence in one of Blackheath's most prestigious addresses, and embark on a journey of success and growth in a vibrant business environment
Contact us today to arrange a viewing or to learn more about this remarkable investment opportunity.
Property Details
Property Features
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Thato Molefe
Candidate Property Practitioner