WHOLE BUILDING
This fully-tenanted 1,956m² retail building on one of Bellville's busiest arterials is now available for sale at R14,457,244 (excl. VAT)....
Common questions about retail space for sale in Bellville.
Retail property for sale in Bellville includes individual shops, sectional title units and standalone buildings, including space in 28 Voortrekker Road Bellville. Options suit owner occupiers trading from their own premises and investors buying tenanted retail income.
Consider position, frontage and catchment, the tenant mix and lease profile, and any centre rules or body corporate costs. For an investment, the strength of the leases and the net yield drive value as much as the location.
Sale prices are quoted as a total and compared per square metre against similar space. Tenanted retail is also valued on capitalisation rate, the annual net income as a percentage of the price, which reflects the quality and length of the leases.
Buyers budget for transfer and conveyancing fees and either VAT or transfer duty, depending on the seller's VAT status. A tenanted property sold as a going concern between VAT vendors can be zero rated, so confirm the structure up front.
This page currently lists retail space for sale in Bellville, including space in 28 Voortrekker Road Bellville, with 1 available. Stock changes as sales conclude, so register interest to hear about new listings.
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