2 093 m² Commercial space in Oakdale

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Fully Tenanted Retail Centre FOR SALE | Durban Road | 9 Net Yield This retail centre for sale in Bellville Central presents a rare opportunity to acquire a fully tenanted, income-generating commercial asset in one of the Northern Suburbs'' most established and high-traffic retail corridors. Strategically positioned at the prominent intersection of Durban Road and Frans Conradie Drive in Oakdale, Bellville, the property enjoys exceptional visibility, strong passing trade, and direct connectivity to the N1 highway and key arterial routes.Key Features:2,093m2 fully tenanted retail centrePrime corner position: Durban Road & Frans Conradie Drive intersection8 established retail units with stable tenant mixNet yield: 9 per annumWeighted Average Lease Expiry WALE: 2 yearsAsking price: R32,000,000 excl VATPrice per m2: R15,289Oakdale, Bellville Central locationHigh-visibility retail frontage on major arterial routeExcellent access to N1, Tyger Valley, and Bellville CBDDense residential catchment areaStrong public transport links and foot trafficLow historical vacancy - proven tenant retentionTurnkey investment with immediate income streamRental escalation and repositioning upside potentialDurban Road serves as a major commercial spine linking Bellville CBD, Tyger Valley Shopping Centre, and the N1 highway, ensuring consistent vehicle flow and exceptional consumer visibility. The surrounding Oakdale node benefits from dense residential catchments, well-established business activity, and robust public transport infrastructure including taxi routes and bus services. This combination supports sustained retail demand and creates one of Bellville''s most resilient trading environments. Oakdale remains one of the Northern Suburbs'' most dependable retail nodes, characterised by long-standing commercial activity, steady tenant retention, and minimal vacancy risk. This property offers investors a rare turnkey retail acquisition with proven cash flow performance, manageable operational complexity, and upside potential through future rental escalations and strategic asset management. With a 9 net yield and strong location fundamentals, this represents a secure entry point into Bellville''s busiest commercial corridor. Contact Linda at Greeff Commercial to arrange a confidential viewing or request detailed financials.

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