Investment Opportunity of a Lifetime: Prime 2,076m² Shopping Centre For Sale in Gillitts!
Prime Investment Opportunity: 2,076m² Shopping Centre For Sale in Gillitts
Welcome to a lucrative investment prospect in the heart of Gillitts! This remarkable shopping center presents a rare chance to own a vibrant commercial hub, strategically located in a bustling area poised for exponential growth.
Property Highlights:
Diverse Retail Mix: With 24 shops spanning across the ground floor, ranging from 200m² to 40m², this shopping center caters to a wide array of businesses, ensuring a dynamic and bustling atmosphere.
Modern Strip Mall Design: The ground floor boasts a contemporary strip mall design, offering a convenient layout for shoppers and maximizing visibility for tenants.
Sectional Titled 1st Floor: Enjoy the flexibility of a sectional titled first floor, providing additional space for expansion or leasing opportunities.
Ample Parking: Convenience is key with ample parking facilities, ensuring ease of access for customers and tenants alike.
Approved for Further Expansion: With 2,000m² of additional common area ground approved by town planning development, there's substantial potential for further growth and enhancement of the center.
Impressive Initial Yield: Benefit from an initial yield of 10.5%, providing investors with a solid return on investment from the outset.
Commercial Area Profile for Gillitts:
Gillitts is a thriving commercial district, characterized by its strategic location and burgeoning economic activity. Situated amidst a growing residential community and surrounded by key transportation routes, this area presents an attractive destination for businesses and shoppers alike. With a robust local economy and a supportive business environment, Gillitts offers the perfect backdrop for commercial success.
Why Invest in the Commercial Property Sector?
Investing in commercial property offers numerous advantages, including:
Stable Income Streams: Commercial properties often generate reliable rental income, providing investors with a steady cash flow.
Capital Appreciation: As demand for commercial space increases, property values tend to appreciate over time, offering the potential for long-term capital growth.
Diversification: Commercial real estate offers diversification benefits for investors, helping to spread risk across different asset classes.
Inflation Hedge: Commercial leases often include escalations tied to inflation, serving as a hedge against rising prices and preserving the purchasing power of rental income.
Don't miss out on this exceptional opportunity to own a premier shopping center in Gillitts. Contact us today to arrange a viewing and take the first step towards securing your future in the lucrative commercial property sector!
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Disclaimer: All amounts exclude VAT and while every effort will be made to ensure that the information contained within the API Property Group website is accurate and up to date, API Property Group 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.