Retail Mall For Sale
$13,000,000
16 Ayliff Street, Newcastle, KZN 2940, South Africa
For Sale
Commercial
Active
Last Updated: 10/12/2026
8.5
Cap Rate
1,060,000
NOI
Details:
Cap Rate: 8.5%
NOI: $1,060,000
Building Size: 9,354 sqm
Lot Area: 18,000 sqm
Occupancy: 100%
Class: A
Lease Type: Full Service
Zoning: Business
Tenancy: Multiple
Seller Financing: No
Investment Strategy: Core
Lease Expire Year: 10/10/2030
Description:
Villlage Walk Shopping Centre, Newcastle Central, For Sale R215m
Floor Area 9 354 m2 @ R22 990 per m2 = R215m plus VAT
Fully Occupied
Yield 8.5%
Anchor Tenant, Shoprite Supermarket and Liquor Shop
Other Tenants; Ackermans, Pep, Clicks, Capitec Bank, Hungry Lion, Tekkie Town, Foot Gear, Fashion World, Beaver Canoe, Rage,
Pep Home, Power, Daniel J, Beauty Zone
FNB & Standard Bank ATM's
Open Parking
High Foot & Vehicular Traffic
Location
Gallery
