Established Retail Investment Opportunity - Prime Main Road Position
An excellent opportunity to acquire a well-positioned retail centre in the heart of Jeffreys Bay, situated along Da Gama Road, one of the town's prominent commercial and retail routes.
The property offers 2,344 m2 of land with a Gross Lettable Area of approximately 984 m2, providing an attractive footprint for an investor seeking an established commercial property with potential for sustainable rental income and future value enhancement.
PROPERTY HIGHLIGHTS
Erf Size: 2,344 m2
Gross Lettable Area: ±984 m2
Property Type: Retail Centre
Location: 119 Da Gama Road, Jeffreys Bay
Prominent main-road exposure
Established commercial location
Excellent visibility and accessibility
Suitable for a range of retail and service-related tenants
Strong potential for rental and capital growth
PRIME JEFFREYS BAY LOCATION
Da Gama Road is an established commercial corridor within Jeffreys Bay, offering exposure to both the local residential market and the town's significant tourism economy.
The property is positioned within the broader retail environment of Jeffreys Bay, with established shopping destinations including JBay Surf Village and Wavecrest Super Spar Centre, while larger regional retail destinations such as Fountains Mall serve the wider Jeffreys Bay market.
INVESTMENT POTENTIAL
With its substantial 2,344 m2 erf, efficient 984 m2 lettable area and prominent Da Gama Road position, the property presents an opportunity for investors looking to acquire a strategically located retail asset in one of the Eastern Cape's best-known coastal towns.
The property may also offer opportunities to optimise the existing tenant mix, improve rental performance and unlock additional value, subject to the relevant planning and municipal approvals.
An attractive opportunity for investors seeking a well-located retail property in Jeffreys Bay.
The property presents an exciting future development opportunity, with the potential, subject to planning, zoning and municipal approvals, to increase the height of the existing development.
A future vertical extension could potentially unlock elevated sea views, creating a unique value proposition in the Jeffreys Bay market. The combination of a prominent Da Gama Road position, substantial land holding and the possibility of additional development makes this an attractive opportunity for investors and developers seeking to unlock further value from the property.
Potential to build upwards and create spectacular sea views – subject to all required approvals.
All sizes and property information are subject to verification. Prospective purchasers are advised to conduct their own due diligence regarding zoning, leases, income, expenses and development potential.
