2093 CENTRE FOR SALE IN BELLVILLE

Prime 2,093m² Retail Centre For Sale – Durban Road, Oakdale, Bellville
Fully Tenanted Investment | 9% Net Yield
This 2,093m² retail centre for sale in Bellville Central presents a rare opportunity to acquire a fully tenanted, income-generating commercial asset in one of the Northern Suburbs’ most established and high-traffic retail corridors. Strategically positioned at the prominent intersection of Durban Road and Frans Conradie Drive in Oakdale, the property enjoys exceptional visibility, strong passing trade, and direct connectivity to key arterial routes.
The centre comprises eight retail units with a stable tenant mix, delivering a secure income stream and a current net yield of approximately 9%. With a weighted average lease expiry (WALE) of approximately two years, the asset offers both immediate income stability and medium-term repositioning or rental growth potential. The asking price is R32,000,000 (excluding VAT), equating to approximately R20,299 per m².
Durban Road serves as a major commercial spine linking the Bellville CBD, Tyger Valley, and the N1, ensuring consistent vehicle flow and high consumer visibility. The surrounding area benefits from dense residential catchments, strong public transport infrastructure, and established business activity, supporting sustained retail demand and low historical vacancy levels.
Oakdale remains one of Bellville’s most resilient retail nodes, characterised by long-standing commercial activity and steady tenant retention. This property offers investors a turnkey retail acquisition with proven performance, manageable operational complexity, and potential upside through future rental escalations and strategic asset management.
This is a rare opportunity to secure a prominent retail investment in Bellville’s busiest commercial corridor. For more information or to arrange a confidential viewing, contact the RAWSON Commercial area specialist today.