The Opportunity

  • 14 individual shops with a GLA of 1,993m2
  • 18 offices with a GLA of 1,298m2
  • 12 basement storerooms totaling 861m2
  • MTN tower rental income
  • Triple net income
  • National tenants include Overland Liquor, BuyRite Supermarket and Mandarin Motor Parts

Description

The Lyndhaven Retail Centre is a convenience centre and office block that services the

Lyndhaven, Reefhaven and Roodepoort West communities. It is tenanted by (amongst others)

Buyrite and Chana cars. The centre has a lot of upside in terms of redevelopment and retenanting.

There are no other convenience centres in Lyndhaven or the adjoining areas, making this a

common destination for the surrounding community.

Property Details

Land use permitted: Retail

Real-estate adviser Details

Philip Berelowitz
philb@instantproperty.co.za
0716720812

Location

94 Progress Road

Lyndhaven is located off the R24, south of Wilro Park. The industrial area of Technikon is

directly to the east, a short walk from the Horison train station.