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Fourways Golf Park | Prime Office Space for Sale in Fourways
R 22,000,000
Can I afford this?12 Photo(s)
1 year ago498 views
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General Details
Location:
Description
Tenanted free hold 3 storey office building for sale in Fourways Golf Park. Building GLA 2804m2, split between the ground, first floor and second floor.
Currently, there are only 2 vacancies in the building, both being on the first floor of approximately 732m2. The building is perfect for an investment purchase; owner-occupier looking to occupy space and lease out the balance. There is a basement parking with basement storage, an elevator in the building and fibre internet connection. There is water back-up but no generator back-up. Parking is split between open, covered and basement bays.
Current Vacancy Rate: 26.1% as at August 2024. The property is registered in a VAT register entity.
Sale Price: R22 000 000.00 excluding VAT.
Property Reference #: CL112786
Agent Details:
Marques Rutter
OfficePlace
API House
Ground floor
85 Wessel Road
Rivonia
Currently, there are only 2 vacancies in the building, both being on the first floor of approximately 732m2. The building is perfect for an investment purchase; owner-occupier looking to occupy space and lease out the balance. There is a basement parking with basement storage, an elevator in the building and fibre internet connection. There is water back-up but no generator back-up. Parking is split between open, covered and basement bays.
Current Vacancy Rate: 26.1% as at August 2024. The property is registered in a VAT register entity.
Sale Price: R22 000 000.00 excluding VAT.
Property Reference #: CL112786
Agent Details:
Marques Rutter
OfficePlace
API House
Ground floor
85 Wessel Road
Rivonia
Id Subtitle 1289249827
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Estimated monthly repaymentR 223,351
Total property loan amountR 22,000,000
Total interestR 31,604,089
Total repaymentR 53,604,089
Interest rate at 10.75% for 20 years *
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OfficePlace
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