Office for sale in Tyger Valley, Bellville

R 3,295,000

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2 months ago91 views
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General Details
Description
Modern upmarket 167 sqm office space for sale in Tyger Waterfront.
Welcoming reception area and open plan office area with 1 enclosed office on the first level.
Spacious Boardroom leads off from the reception area.
Modern Kitchen area and Bathroom area with 2 separately enclosed WC and separate basin.
The 2nd level has 2 enclosed offices and reception area.

Current Lease with Blue Chip tenant ends October 2025.
Rental income based on 4% escalation p/a:
Unit: R 163.20 p/sqm
Storeroom: R 99.10 p/sqm
Parking Bays: R 789.00 x 4 p/m
The Unit is easy accessible of the N 1 with access to public transportation.
Tyger Waterfront boasts with amenities such as Restaurants, retail and apartment living.

Viewing by appointment only.

Purchase Price excludes VAT. (Zero rated VAT can be applicable as property is bought as going concern)

Rates And Taxes: 3534
Levies: 3833
Property Reference #: 7002001-35412

Agent Details:
Du Toit Properties
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Id Subtitle 1261954048
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Estimated monthly repaymentR 35,709
Total property loan amountR 3,295,000
Total interestR 5,274,956
Total repaymentR 8,569,956
Interest rate at 11.75% for 20 years *
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eXp Realty - Steven Johnstone Group
Selling for 2+ years
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