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Prime Income-Generating Office Building in Bustling Main Road, Walmer
R 4,950,000
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General Details
Location:
Description
Presenting a versatile office building ideally located in Walmer's busiest commercial hub positioned on a prominent corner. This property offers exceptional visibility and accessibility, making it the perfect space for businesses to thrive.
Key Features:
Income Potential:
Partially tenanted, providing immediate returns with the flexibility for expansion or additional leasing opportunities.
Flexible Layout:
Three interconnected sections / complete offices with interleading doors, offering versatile space for multi-functional use or separate tenancies.
Section 1 - Currently Vacant
This double-storey unit offers a generous layout, with approximately 184sqm on the ground floor and 103sqm upstairs. Features include:
6 offices
Farm style kitchen
2 bathrooms
Dedicated secure parking area with approximately 8 parking bays
Ideal for businesses seeking a well-appointed, self-contained space with ample room for growth.
Section 2 - Currently Tenanted @R16 150pm
Abundant Office Space on one level, measuring +-180sqm and filled with natural light, creating an energizing and productive work environment. Meeting Facilities - a dedicated boardroom, ideal for presentations, meetings, and collaborative sessions. Includes a kitchenette, toilet, double garage and 4 dedicated parking bays.
Section 3 - Currently Tenanted @R7 500pm
Utilised as a work-from-home space; it offers a double storey of +-170sqm consisting of 2 bedrooms, kitchenette, bathroom, enclosed yard, double garage and 2 parking bays.
Airconditioning throughout, Fibre connection, Satellite Internet, Storeroom, alarm systems and much more!
Why Walmer?
Located on Main Road, Walmer is one of the region's busiest and most sought-after commercial areas, offering unmatched exposure and making it the ideal place for businesses to grow.
Don't miss out on this prime commercial opportunity. Contact us today for more details or to arrange a viewing!
Property Reference #: CL751
Agent Details:
Rube Bradfield
Home and Hectare
43B - 6th Avenue
Walmer
Port Elizabeth
6070
Key Features:
Income Potential:
Partially tenanted, providing immediate returns with the flexibility for expansion or additional leasing opportunities.
Flexible Layout:
Three interconnected sections / complete offices with interleading doors, offering versatile space for multi-functional use or separate tenancies.
Section 1 - Currently Vacant
This double-storey unit offers a generous layout, with approximately 184sqm on the ground floor and 103sqm upstairs. Features include:
6 offices
Farm style kitchen
2 bathrooms
Dedicated secure parking area with approximately 8 parking bays
Ideal for businesses seeking a well-appointed, self-contained space with ample room for growth.
Section 2 - Currently Tenanted @R16 150pm
Abundant Office Space on one level, measuring +-180sqm and filled with natural light, creating an energizing and productive work environment. Meeting Facilities - a dedicated boardroom, ideal for presentations, meetings, and collaborative sessions. Includes a kitchenette, toilet, double garage and 4 dedicated parking bays.
Section 3 - Currently Tenanted @R7 500pm
Utilised as a work-from-home space; it offers a double storey of +-170sqm consisting of 2 bedrooms, kitchenette, bathroom, enclosed yard, double garage and 2 parking bays.
Airconditioning throughout, Fibre connection, Satellite Internet, Storeroom, alarm systems and much more!
Why Walmer?
Located on Main Road, Walmer is one of the region's busiest and most sought-after commercial areas, offering unmatched exposure and making it the ideal place for businesses to grow.
Don't miss out on this prime commercial opportunity. Contact us today for more details or to arrange a viewing!
Property Reference #: CL751
Agent Details:
Rube Bradfield
Home and Hectare
43B - 6th Avenue
Walmer
Port Elizabeth
6070
Id Subtitle 1305266561
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Estimated monthly repaymentR 53,644
Total property loan amountR 4,950,000
Total interestR 7,924,440
Total repaymentR 12,874,440
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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Home and Hectare
Selling for 3+ years
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