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1500m² Retail For Sale in Marshalltown

138 Pritchard Street · Marshalltown Web Ref CL117968

For Sale

R 7 200 000

R 4 800 / m² · excl. VAT

1 500 m²Floor size
R 4 800Rate per m²
RetailProperty type
ImmediatelyAvailable from
For SaleStatus

Overview

138 Pritchard Street in the heart of the Johannesburg CBD presents a prime investment opportunity for buyers seeking strong foot traffic, excellent visibility, and long-term commercial potential. This approximately 1500sqm building is perfectly positioned on a busy street, offering outstanding exposure for businesses and a reliable stream of passing customers. The property currently accommodates 38 individual shops and generates an income of R40 000 per month, with notable potential to increase earnings once all available spaces are fully occupied. Security services are already in place, adding peace of mind for both tenants and customers. Although there is no parking on-site, the location is well-supported by surrounding public transport and pedestrian activity.

Situated within the vibrant Johannesburg CBD, the property benefits from an environment rich in economic activity, retail demand, and continuous movement of people. The area attracts commuters, shoppers, and informal traders throughout the day, ensuring a strong customer base for small businesses and retailers. Tenants can take advantage of the high-density urban setting, established transport routes, and proximity to major landmarks, making this location ideal for businesses looking to grow within a bustling commercial hub.

Asking price: R7 200 000 negotiable.

Features & amenities

  • 24-hour Security
  • Ample parking
  • Retail zoning

Location

Similar available nearby

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