POA
Stand Alone Cashbuild Retail Facility in Standerton
Stand Alone Cashbuild Retail Facility in Standerton
This prime retail facility not only enjoys a newly signed and renewed 10-year lease agreement but has also undergone a significant revamp. The longstanding tenant, Cashbuild, founded in South Africa in 1966 was listed on the JSE in 1986 and has since expanded into several neighbouring countries. They are currently one of Southern Africa's leading building material retailers. The established company has grown to employ over 5000 people across its operations of over 260 stores.
Cashbuild is the main supplier of hardware and building materials in Standerton and therefore has established a strong and loyal customer base within the community and surrounds. Cashbuild has secured their position in this property for the next 10 years, and also enjoy the benefit of having 2 x 5year options to renew their lease.
This low-risk investment property promises to offer sustainable returns and will add real value to your commercial property portfolio.
Opportunities such as these (multi-national tenant/renewed long term lease/revamped premises) rarely see the auction market - get in touch today to register for this premium opportunity!
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