FEATURED
EXCLUSIVE MANDATE
Web Ref CL34809
POA
143 Tulip Road
Spar Mnandi Going Concern: Property + SPAR & TOPS Business - ON AUCTION 10 SEPTEMBER 2025
This thriving AH retail centre is a rare opportunity to acquire a well-established commercial property with over 30 years of consistent community support and trading history.
Strategically positioned, the centre is situated less than 6 minutes from the R55 highway on-ramp and the bustling @55 Mall, and just 9 minutes from both Copperleaf Golf Estate and Thatchfield.
This central location places it within a rapidly expanding residential corridor and ensures high visibility and accessibility for daily shoppers and commuters alike.
Anchored by a strong national tenant mix, the property proudly features a SPAR and Tops on site — a major drawcard for both local residents and passing trade. These well-performing stores provide essential services and contribute to a steady, reliable rental income stream.
The centre serves as a key retail node within its catchment area, catering to a broad base of nearby residential developments, surrounding estates, and agricultural holdings. With growing residential densification the centre continues to benefit from strong customer loyalty.
While the built retail component currently occupies just over 2,000m², the property spans an impressive 2.6 hectares in total, presenting significant opportunities for further development. This surplus land offers untapped potential to expand the existing retail footprint, introduce complementary services, or explore alternative income-generating uses — all while leveraging the strong foundation of an already-successful centre.
Whether you're an investor looking for a secure, income-producing asset or a developer seeking a growth-ready site with excellent fundamentals, this property delivers on both fronts.
Property GAI of approximately +-R3 011 760
Business financials and performance available on request on signing of an NDA
Strategically positioned, the centre is situated less than 6 minutes from the R55 highway on-ramp and the bustling @55 Mall, and just 9 minutes from both Copperleaf Golf Estate and Thatchfield.
This central location places it within a rapidly expanding residential corridor and ensures high visibility and accessibility for daily shoppers and commuters alike.
Anchored by a strong national tenant mix, the property proudly features a SPAR and Tops on site — a major drawcard for both local residents and passing trade. These well-performing stores provide essential services and contribute to a steady, reliable rental income stream.
The centre serves as a key retail node within its catchment area, catering to a broad base of nearby residential developments, surrounding estates, and agricultural holdings. With growing residential densification the centre continues to benefit from strong customer loyalty.
While the built retail component currently occupies just over 2,000m², the property spans an impressive 2.6 hectares in total, presenting significant opportunities for further development. This surplus land offers untapped potential to expand the existing retail footprint, introduce complementary services, or explore alternative income-generating uses — all while leveraging the strong foundation of an already-successful centre.
Whether you're an investor looking for a secure, income-producing asset or a developer seeking a growth-ready site with excellent fundamentals, this property delivers on both fronts.
Property GAI of approximately +-R3 011 760
Business financials and performance available on request on signing of an NDA
Features
Zoning
Retail
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
2,060m²
Land Size
2.60Ha
STREET MAP
STREET VIEW
