Co- working 3 floor office block for sale

R 29,990,000

Can I afford this?
11 months ago158 views
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Location:
Description
RADAR DAD is a new concept in commercial space in Cape Town’s iconic Upper Woodstock with impressive mountain and city views.
The property offers 40 serviced offices over 3 floors.
The property comprises a modernized office building offering three floors of office accommodation. The main entrance to the building opens onto the shared reception area.
The property has a combination of open-plan and partitioned offices with a central courtyard area on the ground floor. Stairs provide access to the first and second floors of the building.
The building was converted to a co- working offering shared services, including furniture, reception, WIFI and phone connectivity, meeting rooms etc.
The opportunity to use as a corporate head office, convert to residential or use as a standard office /retail property.
Located on Queens Park Avenue it is easily accessible from Victoria Road (M4)
Interested parties to please contact me for the full due diligence pack.

Property Reference #: DPC135

Agent Details:
Andre Swanepoel
Dormehl Phalane Property Group
12 C Marine Circle
Bloubergrandt
7441

Id Subtitle 1209479929
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Estimated monthly repaymentR 325,004
Total property loan amountR 29,990,000
Total interestR 48,010,900
Total repaymentR 78,000,900
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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Dormehl Phalane Property Group
Selling for 3+ years
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