4 159 m² Commercial space in Belgravia

Location:

Nestled on the prominent main road in Bellville, this investment commercial building commands attention with its prime positioning within the bustling commercial district.

Property Type:

This investment commercial building spans across 4159 square meters and comprises two levels, offering an enticing opportunity for investors seeking a lucrative addition to their portfolio.

Features:

Size: With a generous total area of 4159 square meters, this multi-level building provides ample space for various commercial endeavors.

Location Advantage: Strategically positioned on the main road, the property boasts high visibility and convenient accessibility, ensuring maximum exposure for businesses.

Level Configuration: The building is structured into two levels, with the first floor fully occupied by tenants, including esteemed entities such as ABSA Bank, ensuring a stable rental income stream. The Building has a lift making it a wheelchair friendly building.

Ground Floor Availability: The ground floor, encompassing 1000 square meters of leasable space, presents an excellent opportunity for prospective tenants or investors. Currently vacant, this floor offers flexibility for customization and utilization according to specific business needs.

Leasing Rate: The ground floor is available for lease at a competitive rate of R140 per square meter, providing an attractive proposition for businesses seeking a strategic location in Bellville.

Parking Facilities: Ample parking facilities accompany the property, catering to the parking needs of tenants, employees, and visitors, enhancing convenience and accessibility.

Infrastructure: Equipped with essential infrastructure such as electricity, water supply, heating, and cooling systems, the building ensures a conducive environment for business operations.

Accessibility: Close proximity to major transportation arteries and public transit hubs facilitates seamless commuting for employees and clients, further enhancing the property''s appeal.

Surrounding Amenities: The vicinity boasts a vibrant commercial landscape, enriched with a diverse array of amenities including dining options, financial institutions, and retail establishments, augmenting the overall desirability of the location.

Investment Potential: With a stable rental income from the fully let first floor and the opportunity to lease out the vacant ground floor, this property presents an enticing investment opportunity with promising potential for capital appreciation and rental yield of 9%

This investment commercial building epitomizes a prime opportunity for discerning investors to acquire a prestigious asset in Bellville''s thriving commercial precinct, offering a blend of stability, potential, and strategic advantage in one of the city''s most sought-after locations.