Multi Tenanted, Three Floored Commercial Office Building For Sale
This well-positioned three-storey commercial building presents an attractive investment opportunity with strong existing income and future potential. Six of the seven offices are currently tenanted, including a prominent anchor tenant, generating an approximate gross overall rental income of R 105 880.00 per month before deductions. The property is managed by Gary Mann Estates, ensuring streamlined operations and tenant management.
The building is registered within a VAT entity, offering potential tax advantages to qualifying investors. The ground floor measures approximately 784.78 square metres and is fully occupied by the anchor tenant, who also leases additional office space on the first floor. The first floor, also approximately 784.78 square metres, accommodates four other established tenants. The second floor, measuring around 330.15 square metres, is currently vacant, providing an excellent opportunity for further income growth or owner occupation.
Viewings are available by appointment to allow for coordinated access to the individual rental offices.
The building is registered within a VAT entity, offering potential tax advantages to qualifying investors. The ground floor measures approximately 784.78 square metres and is fully occupied by the anchor tenant, who also leases additional office space on the first floor. The first floor, also approximately 784.78 square metres, accommodates four other established tenants. The second floor, measuring around 330.15 square metres, is currently vacant, providing an excellent opportunity for further income growth or owner occupation.
Viewings are available by appointment to allow for coordinated access to the individual rental offices.
Monthly Rates
R13,115.95
Features
Zoning
Interior
Sizes
Parking Bays
Listing Info
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 Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group 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.
