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MILNER STREET / MARINE DRIVE | TWO OFFICES FOR SALE | PAARDEN EILAND | 479SQM
R 9,550,000
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9 months ago180 views
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General Details
Location:
Description
Offices for sale on Milner Street/Marine Drive in the thriving business hub of Paarden Eiland, Cape Town. These two offices for sale present a rare chance to invest in a prime location, offering a strategic position with easy access to major transportation routes and close proximity to Cape Town's central business district.
First office: 355sqm currently rented at R 57,585.03 plus VAT in a 5 year lease
Second office: 124sqm currently vacant
PLUS 20 Parking bays
(450sqm)
The first office (355sqm) boasts a contemporary design with an abundance of natural light, creating an inspiring and productive workspace. Featuring a well-appointed reception area and modern amenities, it ensures a professional and inviting atmosphere for clients and employees alike. The second office \(124sqm) complements the first, with a flexible layout that allows for seamless customization to cater to your business needs. Both offices benefit from a secure environment, providing peace of mind with round-the-clock surveillance and access control measures. This commercial property package on Milner Street/Marine Drive offers a lucrative investment opportunity for businesses seeking a prestigious location in the dynamic and sought-after area of Paarden Eiland, Cape Town.
Property Reference #: SM479MSFS
Agent Details:
Sean Mattheus
API Property Group
Block 4, Portion of 1st Floor
Unit 403, De Tijger Office Park
Cnr McIntyre & Hannes Louw Drive
First office: 355sqm currently rented at R 57,585.03 plus VAT in a 5 year lease
Second office: 124sqm currently vacant
PLUS 20 Parking bays
(450sqm)
The first office (355sqm) boasts a contemporary design with an abundance of natural light, creating an inspiring and productive workspace. Featuring a well-appointed reception area and modern amenities, it ensures a professional and inviting atmosphere for clients and employees alike. The second office \(124sqm) complements the first, with a flexible layout that allows for seamless customization to cater to your business needs. Both offices benefit from a secure environment, providing peace of mind with round-the-clock surveillance and access control measures. This commercial property package on Milner Street/Marine Drive offers a lucrative investment opportunity for businesses seeking a prestigious location in the dynamic and sought-after area of Paarden Eiland, Cape Town.
Property Reference #: SM479MSFS
Agent Details:
Sean Mattheus
API Property Group
Block 4, Portion of 1st Floor
Unit 403, De Tijger Office Park
Cnr McIntyre & Hannes Louw Drive
Id Subtitle 1223676356
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Estimated monthly repaymentR 103,495
Total property loan amountR 9,550,000
Total interestR 15,288,566
Total repaymentR 24,838,566
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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API Property Group
Selling for 6+ years
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