Fully tenanted with a 10.7% yield

R 8,296,375

Can I afford this?
6 months ago69 views
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Description
A FULLY TENANTED OFFICE SPACE, WITH CURRENT LEASE IN PLACE SINCE 2018/05/01 AND EXPIRING IN 2024/04/30. OFFERING A YIELD OF 10.7%, THIS IS AN
OPPORTUNITY NOT TO BE MISSED.

Introducing Fairlands House, an exceptional commercial property situated in the vibrant Salt River neighborhood of Cape Town. Located on the 4th floor, this contemporary office space offers a captivating blend of modern design, stunning views, and top-of-the-line amenities.

Step inside and be greeted by the ultra-modern finishes and sleek aesthetics that define this remarkable workspace. With lift access and security-controlled entry, convenience and peace of mind are paramount for both employees and visitors.

The property boasts an impressive 403 square meters of office space, providing ample room for productivity and creativity. The large terraces offer breathtaking panoramic views of the iconic Devils Peak, Table Bay, and the bustling cityscape, creating an inspiring backdrop for your business endeavors.

As you enter the modern foyer, you'll find a welcoming atmosphere enhanced by a stylish couch, a foosball table for team-building fun, and a bar counter, perfect for networking events or celebrating milestones. The updated bathrooms throughout the property feature contemporary designs and include shower facilities for added comfort and convenience.

The spacious kitchen area is ideal for preparing meals and enjoying breaks with colleagues. Whether it's a quick coffee or a team lunch, this well-appointed space caters to your culinary needs.

Fairlands House goes beyond office space, offering an additional 316 square meters of balcony area, where you can unwind, host outdoor meetings, or simply take in the stunning views. The shared area encompasses 66 square meters, providing an inviting space for collaboration and fostering a sense of community among tenants.

For important meetings and presentations, a dedicated boardroom awaits, ensuring a professional setting that is equipped with the necessary technology and amenities.

To top it all off, this commercial property features a total of 10 basement parking bays, ensuring hassle-free parking for both tenants and guests.

Fairlands House in Salt River presents a unique opportunity to elevate your business operations within a cutting-edge, contemporary environment. Discover the perfect blend of style, functionality, and convenience in this remarkable office space.

Property Reference #: SC250

Agent Details:
Donovan Donald
Sothebys International Realty Commercial
49 Tokai Road
Tokai
7945

Id Subtitle 1244198108
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Estimated monthly repaymentR 89,909
Total property loan amountR 8,296,375
Total interestR 13,281,642
Total repaymentR 21,578,017
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Sothebys International Realty Commercial
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