High-Yield Retail Investment Opportunity – Cambridge West Spar
Web Ref.
SIC408
Land size
1755.00 m²
Floor size
870.00 m²
Business Zone 1, high profile corner property with a Quick Spar national franchise tenant and 25 parking bays.
An exceptional opportunity to acquire a well-positioned retail property anchored by a national supermarket brand, located in the heart of Cambridge West, East London.
Property Highlights:
Gross Lettable Area: ±728 sqm
Anchor Tenant: National supermarket brand (lease in final negotiation)
Sub-Tenants:
ABSA ATM – R5,706.96/month (inclusive)
Cellular Retailer – R4,250/month
Valuations:
Sworn Valuation: R7,600,000
Municipal Valuation: R7,900,000
Lease Structure:
A new 10-year lease is currently under negotiation, designed to support market-related rental growth.
Investment Considerations:
Strong, long-standing national anchor tenant with proven performance.
Additional sub-tenant income diversifies risk and enhances return.
Strategic location in an established commercial node.
The lease structure will provide long-term income stability and growth potential.
Ideal for investors seeking an income-generating asset backed by secure tenancy.
This property offers the security of a national brand anchor, supplementary tenant income, and the benefit of a structured long-term lease — making it a compelling acquisition for discerning investors.
An exceptional opportunity to acquire a well-positioned retail property anchored by a national supermarket brand, located in the heart of Cambridge West, East London.
Property Highlights:
Gross Lettable Area: ±728 sqm
Anchor Tenant: National supermarket brand (lease in final negotiation)
Sub-Tenants:
ABSA ATM – R5,706.96/month (inclusive)
Cellular Retailer – R4,250/month
Valuations:
Sworn Valuation: R7,600,000
Municipal Valuation: R7,900,000
Lease Structure:
A new 10-year lease is currently under negotiation, designed to support market-related rental growth.
Investment Considerations:
Strong, long-standing national anchor tenant with proven performance.
Additional sub-tenant income diversifies risk and enhances return.
Strategic location in an established commercial node.
The lease structure will provide long-term income stability and growth potential.
Ideal for investors seeking an income-generating asset backed by secure tenancy.
This property offers the security of a national brand anchor, supplementary tenant income, and the benefit of a structured long-term lease — making it a compelling acquisition for discerning investors.
Monthly Rates
R23,484
Features
Zoning
Interior
Sizes
Listing Info
Cambridge West, East London
- Street map
- Street view
- Amenities
- Schools
Filling Station
2.02 km - Shell
2.12 km - Buffalo Pass Motors
2.17 km - Border Filling Station
Bus Station
1.48 km - Bus Stop
1.91 km - Bus Stop
2.02 km - Bus Stop
Hospital/Clinic
2.77 km - East London Health Resource Centre
3.05 km - Dr Ritchie Brian
3.05 km - Gateway Clinic
Police Station
2.75 km - South African Police Service Cambridge Police Station Ec
3.71 km - South African Police Service Duncan Village Police Station
4.46 km - South African Police Service - Wynne Street
Shopping Centre
1.96 km - Twist Street Shopping Centre
2.02 km - Amalinda Shopping Centre
2.15 km - Ocean View Convenience Centre
0.11 km - Cosmic Active Learning Center
0.23 km - Voorpos Primary School
0.35 km - Diverse Learning
0.38 km - First Steps Educare Centre
0.51 km - Eileen's Baby & Educare
0.95 km - Care & Share Educare Baby Unit
1.13 km - The Mustard Seed Educare
1.48 km - Cambridge High School
1.49 km - Cambridge Junior Primary School - Scout Hall Gate
1.53 km - Cambridge Primary School
1.74 km - Unathi Secondary School
2.23 km - Walter Sisulu University
2.44 km - Msc Artisan Academy
2.89 km - Mancosa East London
3.05 km - Sonwa Sakuba Institute For The Performing Arts
Average sold property price in Cambridge West
Freehold
Sectional Scheme
Vacant Land
Freeholds
R1,239,206
33.3%
Average price
20
33.3%
Transfers
Sectional Titles
R837,500
50.0%
Average price
3
50.0%
Transfers
Estates
R1,208,333
100.0%
Average price
3
100.0%
Transfers
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty website is accurate and up to date, Lew Geffen Sotheby's International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
