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Executive Offices for Sale - Conversion Opportunity
R 3,400,000
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11 months ago108 views
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General Details
Location:
Description
FOR SALE AT REDUCED PRICE!
This well maintained and secure sectional title property is situated in the industrial node of Westmead. Section 1 comprises 2 double storey office blocks – Block A and Block B. The property is ideally located for ease of access to both the M13 and the N3 National Highway. It offers executive parking plus 14 additional under-cover parking bays.
The property offers a conversion opportunity to suit an end user.
The property is currently tenanted until the 31 December 2023 and generates a market related rental.
The roof on Block B was recently replaced at a cost of R 700 000.
Available to purchase separately at the following prices :
Section 1 = R 3 400 000
Section 2 =R 3 600 000
Section 3 =R 3 000 000
Or combined at the total purchase price of R 10 000 000 for all 3 sections.
Phone Bruce Baird to set up a viewing or for further information.
Property Reference #: CL1611
Agent Details:
Bruce Baird
Maxprop Holdings (Pty) Ltd
98 Bulwer Road
Glenwood
This well maintained and secure sectional title property is situated in the industrial node of Westmead. Section 1 comprises 2 double storey office blocks – Block A and Block B. The property is ideally located for ease of access to both the M13 and the N3 National Highway. It offers executive parking plus 14 additional under-cover parking bays.
The property offers a conversion opportunity to suit an end user.
The property is currently tenanted until the 31 December 2023 and generates a market related rental.
The roof on Block B was recently replaced at a cost of R 700 000.
Available to purchase separately at the following prices :
Section 1 = R 3 400 000
Section 2 =R 3 600 000
Section 3 =R 3 000 000
Or combined at the total purchase price of R 10 000 000 for all 3 sections.
Phone Bruce Baird to set up a viewing or for further information.
Property Reference #: CL1611
Agent Details:
Bruce Baird
Maxprop Holdings (Pty) Ltd
98 Bulwer Road
Glenwood
Id Subtitle 1206796656
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Estimated monthly repaymentR 36,847
Total property loan amountR 3,400,000
Total interestR 5,443,050
Total repaymentR 8,843,050
Interest rate at 11.75% for 20 years *
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Maxprop Holdings (Pty) Ltd
Selling for 2+ years
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