Prime Industrial / Commercial Opportunity in Highly Sought after Claremont Area

R 21,000,000

Can I afford this?
3 months ago145 views
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General Details
Description
Centrally located in the heart of the Claremont region in Cape Town, this unique property is finally available to purchase.

Highly spec'd to meet pharmaceutical standards, it could be easily used for the same or similar industry or converted to meet alternative needs.

Below are the finer detail of what the building has to offer but basically put, the building is comprised of a reception area, individual and open plan offices up stairs, a state of the art lab with all that is needed to meet industry regulations, a 320 Amp, 3 phase power supply, air conditioning throughout, ablution facilities, kitchen and kitchenettes, high security, ample parking etc.

The Seller's have been meticulous in the maintenance and installation required for this building.

Property details:
1. 1222 sqm over two floors
2. The property has a private parking area in front of the building that is secured and access is controlled
3. There are CCTV but a NVR will be needed
4. Alarm system
5. Potable water is also fed into holding tanks (with a pump), and the tanks could feed water for 8 hours during a water outage (also allows for water to be purchased via a bowser).
6. There is a borehole. This water is not potable. It is filtered and treated to remove smells and used only for flushing toilets (a separate plumbing system was installed).
7. All internal spaces have air conditioning, fresh air in and old air out systems.
8. The building is wired for a 300Kva generator (cables and automatic switch over panel) but no generator fitted with the sale.
9. Municipal electrical supply is 320A 3-phase.
10. There is an automatic voltage regulator (AVR) which has been disconnected. It was installed when rolling blackouts also carried low voltage problems (so 180 volts instead of the required 240 volts the Seller's equipment needed. It has been disconnected since 2015 when they employed alternative technology).
11. Inside the lab are LPG gas lines, which were decommissioned in 2016. It was easier for them to be left in place then to open up the ceiling and uninstall.
12 - There is a Dumb Waiter installed

Property Reference #: CL13173

Agent Details:
Ambur Unite-Penny
Annenberg Property Group
Office 2D
Matrix
8 Bridgeway
Century City
7441
Bridgeway
Century City
7441
Id Subtitle 1260431246
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Estimated monthly repaymentR 227,579
Total property loan amountR 21,000,000
Total interestR 33,618,836
Total repaymentR 54,618,836
Interest rate at 11.75% for 20 years *
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Annenberg Property Group
Selling for 7+ years
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