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Prime Commercial Office Building for Sale â?? Fully Tenanted | CBD

R 7,550,000

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2 months ago56 views
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General Details
Description
An outstanding investment opportunity in the heart of the CBD! This well-maintained commercial office building is fully tenanted, offering a stable rental income. With easy access to all major routes and nearby public transport, this property is ideally located for businesses seeking convenience and accessibility.

Property Features:

- Location: Prime CBD position with excellent visibility
- Accessibility: Easy access to major routes and public transport
- Occupancy: Fully let with long-term tenants in place
- Total Office Spaces: 3 separate offices, each with its own layout and amenities
- Parking: 18 secured parking spaces with shaded carports
- Utilities: Prepaid water and electricity
- Condition: Well-maintained and in good condition

Office Layouts:

Office 1: Reception area, 6 offices, 2 bathrooms and 1 kitchen
Office 2: Reception area, 10 offices, 4 bathrooms, 1 conference room, a walk-in safe, 1 kitchen and additional storage space
Office 3: Reception area, 11 offices, 2 bathrooms and 1 kitchen

Financial Details:

- Current Rental Income: R87,940.00 per month (excluding VAT)
- Price: Excludes VAT
- VAT Status: Zero-rated transaction as the Seller is VAT registered and the property will be sold as a going concern

This is a rare chance to acquire a fully tenanted commercial property with secure rental income and excellent accessibility. Contact Alfrieda today for more details or to arrange a viewing!

Rates And Taxes: 18000
Property Reference #: 977

Agent Details:
Alfrieda Lessing
Simply Properties
7 Ismini Avenue, Bendor, Polokwane, 0699

Id Subtitle 1313665145
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Estimated monthly repaymentR 81,820
Total property loan amountR 7,550,000
Total interestR 12,086,772
Total repaymentR 19,636,772
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