GLA: 2,076m2

Stand size: 4,437sqm

Zoning: Commercial

Klipgat Shopping Complex is situated on the main arterial route running through the town of Klipgat in the North West province. The shopping centre consists of ten retail outlets:

1. Checkers (the anchor tenant)
2. National Post Office
3. Dr’s Rooms
4. Outfitters
5. Bulk Sales
6. Furniture shop
7. Mini Supermarket
8. Royal Funerals
9. Bottle store
10.Clothing shop
11.Nedbank ATM

Leases have recently been renewed and are generally for a period of five years except for Checkers and the Post office, with escalations of
around 10% per annum.
This is the only centre in the town with a large grocery outlet and post office facility.
The centre has recently undergone a renovation including paved parking.

Income and Expenses:

Gross Monthly Income: R72 176.45
Gross Annual Income: R886 117.40

Nett Annual Income:
· R862 517.00

* Management report and accounts available upon request

Estimated selling price based on yields:
12% - R7 187 645.00
13% - R6 634 749.20
14% - R6 160 838.57
15% - R5 750 116.00