192m² Office For Sale in Century City
R 4,150,000
2 months ago71 views
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General Details
For Sale By:Agency
Size (sqm):192
Parking:Covered
Description
Commercial investment opportunity to purchase a sectional title office unit in a secure, well located, sought after office park situated in a well managed office park with a healthy body corporate.

The premises are comprised of gross rental floor area measuring 192sqm (including use of the common area foyers and bathrooms). The office has an exclusive use balcony of 49sqm. There are also 7 exclusive use parking bays (6 basement and 1 open) with the unit.

The premises and parking bays are let to a well established tenant with a lease that runs until July 2019 with an option to renew for another 2 years.

Gross Monthly Rental Income of R33,427 per month + VAT
Less Monthly Rates of R3,577 (ave per month)
Less Monthly Levies of R4,950 + VAT

NET: R298,800 + VAT per year
Initial yield on purchase of 7,2%

*To register your interest for this office to buy in Century City, just send a reply on this listing or call the broker to discuss this and other offices to buy or rent in the Century City area. You can be assured of my professional service and prompt responses.

Property Reference #: CL1217

Agent Details:
Michael Wylie
Safcom Properties
Unit 150, Millennium Business Park
19 Edison Way
Century City

Id Subtitle 638298785
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Safcom PropertiesMember since 2017
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