5,374m² Retail For Sale in Melville, CL34508

Details

ON AUCTION 22 MAY 2024 - PRIME RETAIL SHOPPING CENTRE

ON AUCTION 22 MAY 2024 - PRIME RETAIL SHOPPING CENTRE

• NEIGHBOURHOOD RETAIL CENTER IN THE HEART OF MELVILLE, JOHANNESBURG
• GROSS ANNUAL INCOME ± R7 567 658.00 p.a.
• NATIONAL TENNANTS LIKE SPAR, TOPS, STEERS, CRAZY STORE AND JACK'S PAINT ANCHOR THIS CENTER
• THIS PROPERTY IS PERFECTLY LOCATED ON BEYERS NAUDE DRIVE AND WITHING WALKING DISTANCE FROM UNIVERSITY OF JOHANNESBURG

The subject property is a double storey building known as “The Boulevard”. It is built on two adjacent stands and the main building has a U-Shape design. It consists of ground floor shops with parking area located on a lower ground floor level. The lower ground floor parking is situated under the building of the northern wing but is located under part of the graded open parking area. The lower ground floor parking also accommodates a car wash facility. Service walkways are located on the ground and first floor level along the rear of the building. The centre is anchored by Spar, supported by Steers, Tops at Spar, Jack’s Paint and Hardware and Del Forno Grill. The tenant mix is completed by tenants such as Planet Nails, ABSA Bank and FNB ATMS, Crazy Store and a number of other local tenants. The Melville swimming pool is also located on this property and is managed by the City of Johannesburg.