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618 m2 Prime Investment
R 4,400,000
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General Details
Location:
Description
A prime investment opportunity beckons in the highly sought-after location of Newton Park. This property boasts 616m2 of meticulously maintained office space, complemented by a compact warehousing segment. Notably, 480m2 of this space is presently occupied by a prestigious blue-chip tenant. For detailed financial information regarding the property's income and expenses, please do not hesitate to reach out to us.
The office area encompasses a generously proportioned reception area, individual office suites, open-plan workspaces, and an expansive boardroom. In addition to these, there is an outdoor entertainment zone complete with a barbecue (braai), a modern kitchen, and restroom facilities.
Furthermore, a separate, unoccupied area spanning 138m2, equipped with its own entrance, primarily comprises an open-plan office layout with separate offices. This space offers adaptability, with the possibility of introducing drywall partitions. It also features an attached minor warehouse section.
Parking is conveniently available at the front of the property for both staff and visitors. Moreover, secure parking is provided within a well-paved yard, accessible through a motorized gate, catering to delivery and various other operational needs.
Property Reference #: 7002001-40368
Agent Details:
Ian Knott
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
The office area encompasses a generously proportioned reception area, individual office suites, open-plan workspaces, and an expansive boardroom. In addition to these, there is an outdoor entertainment zone complete with a barbecue (braai), a modern kitchen, and restroom facilities.
Furthermore, a separate, unoccupied area spanning 138m2, equipped with its own entrance, primarily comprises an open-plan office layout with separate offices. This space offers adaptability, with the possibility of introducing drywall partitions. It also features an attached minor warehouse section.
Parking is conveniently available at the front of the property for both staff and visitors. Moreover, secure parking is provided within a well-paved yard, accessible through a motorized gate, catering to delivery and various other operational needs.
Property Reference #: 7002001-40368
Agent Details:
Ian Knott
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274216181
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Estimated monthly repaymentR 47,684
Total property loan amountR 4,400,000
Total interestR 7,043,947
Total repaymentR 11,443,947
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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EXP Realty
Selling for 2+ years
Total Ads7.25K
Active Ads7.25K
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