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Phenomenal Retail and Cold Storage Portfolio
Key Features
  • Net Annual Income of almost R3,7m
  • National blue-chip tenant - Cambridge Foods
  • Long-term lease in place until 2025
  • Massive upside with sale of Cambridge to Shoprite/Checkers
  • Well-located outside of Central Park Shopping Centre
  • GLA: 1 920m²
  • ERF: 1 064m²
Phenomenal Retail and Cold Storage Portfolio
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Outstanding retail investment portfolio!

This exclusive portfolio consists of three properties:
A) 1 920m² national tenanted retail store – Cambridge Foods.
B) 1 310m² national tenanted Retail Store – Choppies.
C) 3 625m² cold storage/warehousing facilities that service property A.

Located within a bustling node of Bloemfontein Central in close proximity to the Interstate Bus Terminal and Central Park Shopping Centre. The retailers service high volumes of lower LSM commuter traffic.

All three properties have long-term leases in place and are located within 1,5km of each other.

Nett Annual Income: Almost R3.7m

Massive upside to each property:
A) Cambridge Foods in the process of being sold to Shoprite/Checkers.
B) 4x flats can be let out in property B.
C) 300m2 of offices to be sold as vacant, as well as cold storage container to be sold with the property.

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Keegan Oschger, Property Analyst
Keegan Oschger, Property Analyst
087 700 8289
083 275 1973

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OPEN TENDER – CLOSING DATE: 10TH DECEMBER 2021 | 12:00PM
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