3 132 m² Commercial space in Century City
Investment opportunity in the heart of Century City with the chance to acquire 4071m of prime commercial space. Situated in a vibrant business district, this property boasts an impressive 95% occupancy rate, ensuring a steady flow of rental income. With a remarkable return rate of 10.5%, investors can anticipate robust financial gains. The property''s EBITDA stands at an impressive R12,194,024.00, reflecting its strong revenue generation potential.
Furthermore, the property''s rental value of R116,133,558.00 underscores its value proposition in the market. Featuring a total of 132 parking bays, this offering caters to the practical needs of tenants and enhances the property''s appeal. Documents including the title deed, zoning certificate, floor plans, and multiple account are readily available upon request, offering transparency and confidence to potential investors.
Property details
- Listing number T4603715
- Property type Commercial
- Erf size 4 071 m²
- Floor size 3 132 m²
- Rates and taxes R 70 000
- Levies R 25 000