Grabouw Shopping Centre

1 Oudebrug Road, Grabouw, South Africa

Freehold retail investment opportunity

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Listing ID: S-10513

Sale Price R126 100 000
Yield 9%
GLA 9,260 m²
Rate R13 618 /m²
Zoning Business
Erf Number 675, Grabouw
Erf Size 26 900 m²
Levies

R0

Grabouw Shopping Centre & Grabouw Lodge. Exclusive Sole Mandate

Rare dual-income offering: a SuperSpar-anchored convenience centre with Clicks, Mr Price, Wimpy and national co-tenants, plus a 91%-let residential lodge with expansion upside. 9 259m² GLA at a 9.2% blended yield.

Key Features:
- Price: R126 100 000 (Excl. VAT)
- Total GLA: 9 259m²
- Blended Yield: 9.20%
- Erf / Legal Description: Erf 675, Grabouw (Subdivision in Progress)
- Zoning: Local Business 2
- Anchor Tenant: SuperSpar — Corporate Lease to The Spar Group Ltd (To 2029)
- National Tenants: Clicks (To 2029), Mr Price (To 2028), Wimpy (Famous Brands), The Crazy Store, Grabouw Pharmacy, Edge Fitness (To 2034)
- Banking: FNB, Nedbank & Capitec ATMs
- Retail Portion: 8 539m² GLA | ±R10.58m Net Income | 9.00% Yield
- Residential (Grabouw Lodge): 720m² | 22 Units | ±91% Let | ±R1.03m Net Income | 12.00% Yield
- Upside: Scope to Expand and Effectively Double the Residential Room Count
- Location: Oudebrug Road, Grabouw — N2 Corridor, ±60km from Cape Town

For more information, please contact David Yach.

Property features:

Security Security
Wheelchair Access Wheelchair Access
Bathrooms Bathrooms
Communal Bathrooms Communal Bathrooms
Nearby Taxi Service Nearby Taxi Service
Led Lighting Led Lighting

Investments For sale

Pick 'n Pay QualiSave Franschhoek

Pick 'n Pay QualiSave Franschhoek

Sale Price R25 500 000
Yield 9%
Size 1 556 m²
Generator

Generator

Security

Security

Wheelchair Access

Wheelchair Access

Water Backup

Water Backup

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