Commercial Property for Sale in Belhar

?? 2,382m² Fully Let Retail Investment – Belhar, Cape Town | 9% Yield

Prime Retail Centre with National Anchor Tenant

An excellent opportunity to acquire a fully let 2,382m² retail investment property in the heart of Belhar, Cape Town. Anchored by Shoprite USAVE, this centre offers investors stable income and strong tenant security, generating a 9% yield with 8 established tenants under lease.

?? Property Features

·GLA: 2,382m²

·Net Annual Income: R1,827,527

·Yield: ±9%

·Tenants: 8 fully let, including Shoprite USAVE (anchor)

·Occupancy: 100%

·Structure: Freehold mini shopping centre

·Recovery: Full recovery of municipal charges (rates & taxes) from tenants

?? Layout & Tenant Mix

·Shoprite USAVE as the national anchor, ensuring steady footfall

·Supporting tenants provide a complementary retail mix serving daily community needs

·Diversified income stream across multiple tenants reduces investment risk

·Designed for easy pedestrian and vehicle access with strong road visibility

?? Location Highlights – Belhar, Cape Town

Belhar is a well-established residential suburb within greater Bellville, characterised by dense population and consistent retail demand. This retail hub enjoys:

·A loyal customer base with demand for essential goods

·Prime position on a busy commuter route linking Bellville South, Delft, and Airport Industria

·High visibility and strong passing trade, enhancing tenant success

·Long-standing history as a community retail destination, supported by surrounding housing growth and transport connectivity

?? Investment Snapshot

·Purchase Price: R19,930,000(excl. VAT)

·Gross Annual Income: R1,827,527

·Yield: ±9%

·GLA: 2,382m²

·Tenants: 8, fully let with national anchor tenant

? Summary

This income-producing retail investment offers stability, resilience, and growth potential. With a 9% yield, reliable tenant mix, and prime community location, it is a rare opportunity to secure a national anchor-led retail asset in Cape Town’s established Belhar suburb.

?? Contact me today to arrange a confidential discussion and viewing.