854 m² Commercial space in Bramley
EXCELLENT INVESTMENT OPPORTUNITY PRIME LOCATION RESIDENTIAL AND OFFICE BLOCK ON CORLETT DRIVE IN THE LEAFY SUBURB OF BRAMLEY
PRICE EXCLUDES VAT
Eleven office units, with ample parking, situated on Corlett Drive in the leafy suburb of Bramley. The current layout is perfect for conversion into a boutique hotel, residential units, student accommodation or an upmarket B & B.
Consists of two properties one with business zoning, the other zoned Residential 1 with Consent Use.
Approved plans available.
Current potential rental income: R120 000 R200 000
The office and residential park is developed over two stands, each measuring 1 487sqm. The property on offer, can be sold as two separate properties or as one property made up of two title deeds.
At a cost of approximately R1 000 000, the current units are sub-divisible into 25 residential units. Additional space available to create storage space for residential units and for a guard house.
MAIN FEATURES:
854 sqm buildings
2 974 sqm property
Nine Units differing in size
Open plan lay-out for versatile use of space
Designed for maximum functionality
Parking for 34 vehicles
Pre-paid electricity
Fully walled
Large windows allow for ample natural light
High speed internet connectivity
Modern security systems
IN CLOSE PROXIMITY TO:
Main arterial routes
Shopping centers, high end restaurants, medical centers
Melrose Arch
Contact agents for an exclusive appointment.
Property details
- Listing number T4651448
- Property type Commercial
- Listing date 27 May 2024
- Land size 2 974 m²
- Floor size 854 m²