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Units for sale in an office block in a fast growing town in the southern suburbs

South Africa, Western Cape, ID 248846

Units for sale in an office block in a fast growing town in the southern suburbs 1
Units for sale in an office block in a fast growing town in the southern suburbs 1
Asking price:
ZARR7 800 000
Net profit (per year):R840 000 zar
Owner
Owner's representative

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Description

Property type: commercial office investment

Location: town near Cape Town

Current status: established commercial property

Office units

Commercial office units: 3

Combined floor area: 527m²

Office complex: well maintained

Building occupancy

Other occupants: established professional organisations

Long-term tenants: in place

Commercial environment: established

Location

Cape Town business hubs: approximately 15 minutes away

Travel time to airport: approximately 15 minutes

Shopping centres: established in the area

Modern office developments: established in the area

Market information

Average office property value in the area: approximately R13,750,000

Average office property rate: approximately R14,124 per m²

Demand for commercial office space: reported as growing

Renovation plans

New interior renovation plans: available

  • Conference facilities
  • Webinar facilities
  • Training facilities
  • Modern business operations

Development options

Interior configuration flexibility: available

Future commercial use options: available

Details

Real Estate: Lease
Asking price: 7 800 000 zar
Net profit (per year): 840 000 zar

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