R 8 000 000
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854 m² Commercial space in Bramley

2 974 m² 854 m²

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

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