Office space in Somerset West Central
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