Description

In the iconic and historically rich suburb of Melville, Johannesburg, a one of a kind student accommodation comes to life. With the aim to cater to sustainable development, and those students with a taste and budget for high quality, this building offers an epic opportunity for retail tenants to come and bring a mix of food and entertainment amenities, internet and stationary shops, or even good local grocers to come and capitalise on the space.

The building faces directly onto main road in the very centre of the business district of Melville and is a road with so many amenities. The building is opposite the Shell garage on Main Road, and is on a high traffic volume corner of the area The perks of these retail portions include the fact that they have access for all the 85 students who will be staying in the building, but also all of the patrons in the area and their needs as well. This lends itself to fast food retailers with an option to sit down, food and beverage is ideal in this way with students arriving at all hours of the day, and the greater community begin operational from early mornings right into the late hours of the evening.

There are 3 retails portions to be leased, with the possibility of Retail Section A and B being leased by one tenant, and section C ideally lending itself to computer, printing and internet solutions. Any proposals for the space are more than welcome from you as potential tenants to the building. There is full time security in the building ensuring safety for the the students and these retail portions. The building also features solar geyser, solar electricity, and piped gas supply. One of the best benefits of this buildings includes the fact that your space as the retail tenant can be retrofitted to your exact spec, and provide you this without having to compromise on your needs and bottom line. Size of the various retail portions is as follows:

Section A: 120 sqm

Section B: 74 sqm

Section C: 54 sqm

An additional benefit comes in a gorgeous rooftop terrace that can provide another opportunity for income generation by any creative and tailored tenants who are looking for something they can provide in house for the building. Being an entertainment area for the students, any tenants that can unlock the value of bringing the different spaces together, or finding the best use cases for them are welcome to propose such. Considering the great rental price, this building provides an awesome opportunity for anyone coming to lease in this upmarket and incredible student accommodation building