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1293m2 Investment Units at Waverley Business Park Observatory

R 18,850,000

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3 days ago18 views
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Introducing an exclusive opportunity at Waverley Business Park on the border of Mowbray and Observatory, these investment units are available for sale under a sole mandate. Consisting of three units, each with synchronized leases secured until March 2026, the tenants are national brands with the option to renew their agreements. The yield is above 12% at asking price and this will be a Zero-rated transaction for VAT.

Located on the top floor, these units boast high ceilings and offer the unique potential to be combined to accommodate future tenants. Enjoy panoramic views of the mountains and city from every angle.

Conveniently positioned for easy access to major freeways including the N2, N1, M3, and M5, this property is ideal for businesses seeking a strategic location. The offering includes a total of 28 parking bays, comprising 22 garages and 6 open parking spaces.

Don't miss out on this exceptional investment opportunity at Waverley Business Park Observatory – contact us today to learn more about this prime commercial property.

Rates And Taxes: 1200
Levies: 36405
Property Reference #: 2255513

Agent Details:
Anthony Aldum
Swindon Property Services
80 Strand Street, 7th Floor, Cape Town, 8001

Id Subtitle 1343572614
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Estimated monthly repaymentR 191,371
Total property loan amountR 18,850,000
Total interestR 27,078,958
Total repaymentR 45,928,958
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