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25 Melle Street | Building for Sale in Braamfontein, Johannesburg

R 6,950,000

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Description
Located on the bustling main road of 25 Melle Street in Braamfontein, this approximately 900sqm building offers a prime investment opportunity with a mix of retail stores and office spaces. With an asking price of R6.95 million, excluding VAT, this property is ideal for investors seeking a versatile commercial space with excellent exposure. The building’s prominent position on a busy street ensures high visibility and foot traffic, making it a strategic choice for businesses looking to establish or expand their presence in the area.

Braamfontein is a vibrant and dynamic neighbourhood, known for its eclectic mix of cultural attractions, educational institutions, and commercial enterprises. It's home to the University of the Witwatersrand, various art galleries, and a lively night-life scene, making it a magnet for students, professionals, and tourists alike. This property benefits from the area's constant flow of activity and diverse population, providing a steady stream of potential customers and clients. Its strategic location also offers easy access to major transport routes, ensuring convenience for both tenants and visitors. Investing in this property means tapping into Braamfontein's energetic community and thriving commercial environment.

Property Reference #: CL113586

Agent Details:
Velile Moroe
Officeplace
API House
Ground floor
85 Wessel Road
Rivonia

Id Subtitle 1296606694
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Estimated monthly repaymentR 75,318
Total property loan amountR 6,950,000
Total interestR 11,126,234
Total repaymentR 18,076,234
Interest rate at 11.75% for 20 years *
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Officeplace
Selling for 8+ months
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