Property description

This well-positioned 3-storey commercial building presents an excellent investment opportunity in a sought-after office node. With a gross lettable area of ±546m², the property is designed for flexibility and currently offers 8 rentable offices supported by 14 secure parking bays.

The building is already 90% occupied, with a stable tenant mix made up mostly of small office-based companies, providing reliable rental income and long-term occupancy security. The property currently generates a gross monthly income of ±R75,000, with the potential to achieve ±R105,000 per month at full capacity. With operating expenses of just ±R11,408 per month, this translates into a healthy ROI of 9.9% based on 90% Occupancy with 100% your ROI will be 14.6% making it a sound investment choice.

The layout of the building makes it well-suited to professional tenants, while its manageable size and low operating costs add to its appeal. With zoning already in place for offices, the property is an easy fit for investors looking to grow their commercial portfolio without the complexity of a large-scale building.

Key Figures:

• Price: R7,650,000 excl. VAT

• Average price: R140/m² (VAT incl.)

• Gross Lettable Area: ±546m²

• 14 Parking Bays

• 3 Floors with ±8 rentable offices

With its strong returns, excellent location, and reliable tenant base, this property offers the perfect balance of security and growth potential.

We commit ourselves to:

*Truthful and honest advice

*Professional attitude, assessment, and understanding of your needs.

*Confidentiality and protection of your interest

*Negotiate the best possible agreement.

No one sells more property than us, so make the smart choice now.

Pre-qualified or cash buyers will be given preference.

If this property does not suit your needs or taste, please give me a call so that we can discuss and find your dream home or next investment!!!