Office Building for Sale - 330m2

R 3,500,000

Can I afford this?
2 years ago193 views
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General Details
Description
Property Address:
Randpark Ridge, Randburg
Spacious Double Storey Office Block (330m2) for sale in sought-after and centrally located office park. Two floors, which can readily be utilized or let as separate suites or as one combined office. Each floor comprises several offices of various sizes, and the building also has a boardroom and offices appropriate for workbench/storage/despatch if required. Kitchen and ablution facilities on both floors. Ample parking is available within the office park - covered and open.
*** Perfect owner-investor opportunity, as the building is fully let to two separate tenants ***
The sale also qualifies as a "going concern" acquisition for VAT zero-rated purposes if a buyer is VAT registered
Centrally located Office Park on Beyers Naude, close to highway network
Offices carpeted; Reception, Pause Areas, Kitchens & Toilets tiled
Vertical Blinds throughout
Air-conditioned
Internal alarm-system
Shaded & Open Parking Bays
Freehold
Great Buyer-Investor opportunity
Asking Price is VAT Exclusive

Rates And Taxes: 4600
Levies: 500
Property Reference #: 146

Agent Details:
Karen Hayes
Wynberger Properties
P.O Box 249, Strathavon, 2031
Sandton

Id Subtitle 987526953
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Estimated monthly repaymentR 37,930
Total property loan amountR 3,500,000
Total interestR 5,603,140
Total repaymentR 9,103,140
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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Wynberger Properties
Selling for 7+ years
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