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Prominent Commercial Property For Sale.
R 2,350,000
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1 year ago303 views
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General Details
Location:
Description
Invest in this well suited commercial property today. Ideally placed where visibility is advantageous, this property is suitable for a wide range of commercial business ventures. Situated at the top of Oxford street, this property is located close to all amenities with easy access to transport. The building offers 5 spacious offices, an open plan office that can be used as a boardroom, with 2 bathrooms and storage space. On site parking available.
Call Today to schedule a viewing.
Property Reference #: CL5356
Agent Details:
Inathi Jali
Just Property
6 Botha Road
Selbourne
East London
5256
Call Today to schedule a viewing.
Property Reference #: CL5356
Agent Details:
Inathi Jali
Just Property
6 Botha Road
Selbourne
East London
5256
Id Subtitle 1282983769
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Estimated monthly repaymentR 25,468
Total property loan amountR 2,350,000
Total interestR 3,762,108
Total repaymentR 6,112,108
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Just Property
Selling for 1 year
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COMMERCIAL OFFICE'S - RARE EAST LONDON ESPLANADE/BEACHFRONT OFFICE’S GO TO AUCTION.
AUCTION ONE
The Property Auctioneering CO.
We Will Offer For Sale By Public Auction The Property Situated At:
114 MOORE STREET, EAST LONDON.
Date: 26th June 2025.
Time: 10:00 AM.
Venue: On Site.
Viewing: By Appointment or One Hour Before Auction.
ID & proof of residence required for registration.
AUCTIONEERS NOTE – A SOUGHT-AFTER BUSINESS POSITION JUST A FEW HUNDRED METERS FROM OUR PRIME EAST LONDON ESPLANADE/BEACHFRONT. MAJOR INSTITUTIONS NEIGHBOURING - INCLUDING ECDC, BEYOND ZERO AND VARIOUS GOV OFFICES.
Offered to the market for the first time in over 26 years, this exceptional commercial property clad in quartz stone presents a rare opportunity for investors or owner-occupiers. Comprising of two modern, upmarket office suites, each with multiple private offices, trendy kitchens, ablutions and quality finishes. The property offers immediate rental return due to the buildings well thought out layout, which allows for four separate rental units, creating a highly tangible investment. At the rear, a ±100m² warehouse currently partitioned into an archive room, reception, and large business studio earning R6 400.00 per month from a long-standing tenant. In addition, there’s a self-contained one-bedroom residential flat currently generating R3 500.00 per month. Each of the two office suites are currently advertised for rental at R10 000.00 each per month.
With each unit fitted with an electric prepaid meter and strong security measures in place, this is a highly functional, income-generating property. Whether you’re looking to invest or occupy, this is a prime East London asset. Auction One welcomes all inquiries and bids. Don’t miss out!
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Auction One
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