POA

Office space in Somerset West Central

972 m²

Location, Income, and Security A Winning Trio! This commercial property offers secure, long-term rental income with two established tenants:

Main Building (296 sqm): Home to Waar Drome Begin, a well-loved school generating a stable rental income. Includes a paved courtyard doubling as a safe, child-friendly playground.

Rear Premises (80 sqm): Occupied by P & G Fabrics, a trusted tenant in the retail space. Financial Highlights:

Annual Rental Income: R720,000

Annual Expenses: R50,000

Net Income: R670,000 per year!

Key Features:

Prime Location: High visibility and easy access.

Modern Amenities: Fibre-ready for seamless connectivity.

Backup Generator: Uninterrupted operations for tenants.

Customer Parking: Ample and convenient for all visitors.

Contact us today to secure this high-yield asset.

Property details

  • Listing number T4883411
  • Property type Offices
  • Listing date 27 Nov 2024
  • Land size 972 m²

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