Listing Details

Mixed-Use Investment Opportunity in 191 Voortrekker Road Maitland

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Mixed-Use Investment Opportunity in 191 Voortrekker Road Maitland

This prime mixed-use building occupies a highly visible position on Voortrekker Road, one of Maitland’s busiest commercial arteries. The property offers a strong, diversified tenant mix across residential apartments and multiple retail components, creating stable income with significant future upside. Builders City (350m²) and Premier Construction (80m²) will be vacating in July 2026, allowing an incoming purchaser the opportunity to re-let at market rentals or repurpose the space.

With an expanded GLA of approximately 850m² across retail, office, and residential components, this is an exceptionally rare investment in a high-growth urban corridor.

Property Features:

5 Residential Apartments – 60m² each (Total 300m²)
Shop 1 – Builders City (350m²)
Shop 2 – Premier Construction (80m²)
Shop 3 – Iya Alaje African Cuisine (120m²)
Yard Space - (120m²)
Water & electricity prepaid (all tenants)
High visibility on Voortrekker Road
Solid tenant mix and strong passing trade
Easy access to M5, N1, N2, and public transport

Net Operating Income (NOI)

R663,624

Yield

8.85%

Keen to view or have a question?

Please view the video below and contact EJ for further information or to arrange a viewing.

Building Description

191 Voortrekker Road is a prominent and versatile mixed-use building located directly on the well-known Voortrekker Road corridor in Maitland. The property benefits from constant traffic exposure, making it ideal for retailers seeking visibility and accessibility.

The building consists of 300m² of residential apartments (five spacious 60m² units), combined with 550m² of ground-floor commercial space. The retail section includes a large 350m² anchor unit currently occupied by Builders City, an 80m² commercial unit used by Premier Construction, and a 120m² food/retail outlet operated by Iya Alaje African Cuisine. All units operate on prepaid utilities, reducing management overhead and ensuring reliable recoveries.

With the upcoming vacancy of the 350m² and 80m² retail units in July 2026, the building presents multiple repositioning possibilities. Its layout and high-demand location make it suitable for retail, showroom, office, or food-based tenants. The structure is functional and well-balanced, offering strong present income with future growth potential.