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Exceptional Office Building for Sale in Bryanston
R 13,995,000
Can I afford this?
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General Details
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Description
Are you looking for an incredible investment opportunity, or to buy into a part of this PropCo in the Bryanston? Look no further! We are thrilled to present this meticulously refurbished tech savy office building that offers not only prime commercial space but also a steady income stream from storage tenants. This property is a gem in every sense, and here's why:
Income Streams:
* Commercial Tenants: The building is currently occupied by a mix of reputable commercial tenants, ensuring a consistent and attractive rental income.
* Storage Tenants: Benefit from additional income generated by reliable storage tenants, adding to your revenue.
Property Highlights:
* Solar Backup Power Supply: This office building is equipped with a solar backup power supply, ensuring uninterrupted operations and cost savings. Fibre (WAN) with WiFi (LAN)
* Prime Location: Situated in the thriving business hub of Bryanston, this property offers easy access to major roads and amenities, making it highly attractive to both tenants and investors. Top Floor Terrace for Staff & Client entertainment events.
* Recently Refurbished: The building has undergone extensive renovations to meet modern standards, providing a contemporary and comfortable working environment for tenants, as well as storage units.
* Investment Opportunity: This property promises not only immediate rental income but also potential for appreciation in value, making it an ideal addition to your investment portfolio. The current owners are open to partial ownership offers.
Property Reference #: CL99
Agent Details:
Graeme Gawler
Real and Proper T
No 1 Bank Street (Corner Bank Street and Marine Drive)
Margate
KwaZulu Natal
Income Streams:
* Commercial Tenants: The building is currently occupied by a mix of reputable commercial tenants, ensuring a consistent and attractive rental income.
* Storage Tenants: Benefit from additional income generated by reliable storage tenants, adding to your revenue.
Property Highlights:
* Solar Backup Power Supply: This office building is equipped with a solar backup power supply, ensuring uninterrupted operations and cost savings. Fibre (WAN) with WiFi (LAN)
* Prime Location: Situated in the thriving business hub of Bryanston, this property offers easy access to major roads and amenities, making it highly attractive to both tenants and investors. Top Floor Terrace for Staff & Client entertainment events.
* Recently Refurbished: The building has undergone extensive renovations to meet modern standards, providing a contemporary and comfortable working environment for tenants, as well as storage units.
* Investment Opportunity: This property promises not only immediate rental income but also potential for appreciation in value, making it an ideal addition to your investment portfolio. The current owners are open to partial ownership offers.
Property Reference #: CL99
Agent Details:
Graeme Gawler
Real and Proper T
No 1 Bank Street (Corner Bank Street and Marine Drive)
Margate
KwaZulu Natal
Id Subtitle 1241075103
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Estimated monthly repaymentR 151,665
Total property loan amountR 13,995,000
Total interestR 22,404,553
Total repaymentR 36,399,553
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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