306m² Retail For Sale in Walmer
R15,900,000
123 Heugh Road
Web Ref No CL75709
Commercial premises for sale in Walmer
123 HEUGH ROAD | WALMER | PRIME COMMERCIAL INVESTMENT WITH DEVELOPMENT POTENTIAL
Situated in one of Walmer’s busiest and most visible locations, 123 Heugh Road presents an exceptional opportunity for investors seeking a fully tenanted, income-generating property with long-term growth potential. Spanning 306m², the site is positioned along a major arterial road that sees a constant flow of vehicle and pedestrian traffic throughout the day.
Its location along established public transport routes not only boosts foot traffic but also enhances its accessibility for both customers and tenants. Currently anchored by a well-established petrol station, the property benefits from a long-term lease agreement, ensuring stable rental income and minimal vacancy risk.
The presence of this high-traffic tenant makes the site a strong and reliable income generator from day one. Beyond its existing income stream, the property offers excellent future potential. The layout and positioning lend themselves perfectly to the addition of a drive-through operation, further maximising the visibility and functionality of the site. This flexibility opens the door for future redevelopment or tenant diversification while still enjoying the security of current rental returns.
123 Heugh Road combines prime location, stable tenancies, and development potential into one rare opportunity in Walmer’s tightly held commercial market.
All relevant financial and lease information will be shared with serious, qualified buyers upon request.
Situated in one of Walmer’s busiest and most visible locations, 123 Heugh Road presents an exceptional opportunity for investors seeking a fully tenanted, income-generating property with long-term growth potential. Spanning 306m², the site is positioned along a major arterial road that sees a constant flow of vehicle and pedestrian traffic throughout the day.
Its location along established public transport routes not only boosts foot traffic but also enhances its accessibility for both customers and tenants. Currently anchored by a well-established petrol station, the property benefits from a long-term lease agreement, ensuring stable rental income and minimal vacancy risk.
The presence of this high-traffic tenant makes the site a strong and reliable income generator from day one. Beyond its existing income stream, the property offers excellent future potential. The layout and positioning lend themselves perfectly to the addition of a drive-through operation, further maximising the visibility and functionality of the site. This flexibility opens the door for future redevelopment or tenant diversification while still enjoying the security of current rental returns.
123 Heugh Road combines prime location, stable tenancies, and development potential into one rare opportunity in Walmer’s tightly held commercial market.
All relevant financial and lease information will be shared with serious, qualified buyers upon request.
Features
Zoning Commercial
Floor Size 306m²
Land Size 2,825m²
Floor Size 306m²
Land Size 2,825m²
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