675 sq. meter Office in Braamfontein For Sale

R 9,000,000

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1 year ago437 views
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General Details
Description
Offices - 7 & 9 Melle Street, Braamfontein
This three storey building situated in the heart of Braamfontein is currently owned and occupied by the Mozambique Department of Labour.
It consists of a three storey building with a general lettable area of 745sqm. An adjoining vacant stand of 249sqm, that is utilized as covered parking space, forms part of the developed stand which accommodates the offices. Both stands are sold as a unit consisting of offices with available parking space.
Both stands have a Business 1 zoning.
The property is situated in close proximity to the University of the Witwatersrand and across the road from Damelin College. This property presents the ideal opportunity to convert the offices into student accommodation.
The property is in good condition and requires little or no structural renovation. Regular repairs and maintenance will give the building a new lease of life.

Property Reference #: ENT0219982

Agent Details:
Louis Gerber
KW Clockwork Edenvale
49 Linksfield Road, Dowerglen, Edenvale, Gauteng, 1609

Id Subtitle 1119448974
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Estimated monthly repaymentR 97,534
Total property loan amountR 9,000,000
Total interestR 14,408,073
Total repaymentR 23,408,073
Interest rate at 11.75% for 20 years *
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KW Clockwork Edenvale
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