R1,250,000

R1,250,000

18m² Business For Sale in Observatory
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Investment Opportunity: Shop in Prime Location – Exclusive Mandate

Web Ref. CL2698
Floor size 18.00 m²
Monthly Bond Repayment
R11,201.26
An exceptional opportunity for investors seeking a secure, income-generating asset in a high-traffic, well-established location. Situated in the vibrant and ever-popular Obs Court, this retail shop is currently tenanted and operating as a successful spaza shop within a bustling hub frequented by students and young professionals.

The property generates a steady monthly rental income of R7 560, includes an 8% annual escalation, and has monthly levies of R817.00. The tenant is secured on lease until 2029, providing long-term income stability and peace of mind for investors.
This investment offers immediate returns with excellent long-term growth potential.

Prime Location
Nestled in the heart of Obs Court, one of the busiest and most sought-after developments in the area, the shop enjoys consistent foot traffic from surrounding residents, visitors, and the thriving student community. Its strong visibility and easy accessibility make it an ideal retail position.

Financial Overview
• Current Rental Income: R7 560.00 per month
• Annual Escalation: 8%
• Lease in Place Until: 2029
• Monthly Levies: R817.00
• Secure and reliable income stream

Investment Highlights
Strong ROI – Immediate income with built-in annual escalation ensures consistent growth.
Long-Term Tenant Security – Lease in place until 2029 provides stability and predictable returns.
High-Demand Location – Obs Court remains a vibrant, high-foot-traffic node.

Future Flexibility – Potential for alternative retail use (coffee shop, laundromat, or other retail concept) upon lease expiry and subject to approval.
Why Invest?

Location is everything and this property delivers. Positioned in one of the city’s most desirable and active retail nodes, this shop combines income security with long-term upside potential. Whether expanding your portfolio or entering the retail investment market, this is a rare opportunity not to be missed.

For more information or to arrange a viewing, please contact Gafsa today.

Features

Zoning
Retail
Sizes
Floor Size 18 m²
Listing Info
Date Listed 06-02-26
Time Listed 09:18

Disclaimer

While every effort will be made to ensure that the information contained within the Greeff Christie's International Real Estate website is accurate and up to date, Greeff Christie's International Real Estate makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.