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GOVERNMENT TENANTED INVESTMENT IN MIDLANDS TOWN
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General Details
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Description
Sound Investment opportunity in this Face Brick Commercial building. A mix of Government and Corporate Clients with many years of combined occupation.
Lettable Office space is 825sqm, with additional income from parking. The complex was developed in 1986 and has been occupied ever since. Nett income is R800,426 pa.
The property is owned by a Close Corporation that was established purely for the purpose of this investment. The owner wishes to sell their shares in the CC.
Further details will be happily discussed upon application.
Low Maintenance
Solid Income Earner
Stable Tenant Base
Perfect Investment
Main Street
Rates And Taxes: 3833
Property Reference #: 121
Agent Details:
Alan Martin
TJT Property
12 Cascades Crescent, Cascades Park, Pietermaritzburg, 3201
Pietermaritzburg
Lettable Office space is 825sqm, with additional income from parking. The complex was developed in 1986 and has been occupied ever since. Nett income is R800,426 pa.
The property is owned by a Close Corporation that was established purely for the purpose of this investment. The owner wishes to sell their shares in the CC.
Further details will be happily discussed upon application.
Low Maintenance
Solid Income Earner
Stable Tenant Base
Perfect Investment
Main Street
Rates And Taxes: 3833
Property Reference #: 121
Agent Details:
Alan Martin
TJT Property
12 Cascades Crescent, Cascades Park, Pietermaritzburg, 3201
Pietermaritzburg
Id Subtitle 1216240043
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