R 12 999 000
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1 600 m² Office Space in New Germany

6 2 000 m² 1 600 m²

Calling All Investors !!!

This ideal investment opportunity has just been listed at a phenomenal price. Situated in prime area in New Germany off Shepstone Road this business opportunity will be ideally suited for the avid investor. New Germany has easy accessibility to the M19, public transport and centrally located for staff to commute.

The unit is a stand alone within a complex proximity hosting a staggering 1600 sqm of office space with 46 allocated parking bays. Each of these bays are yielding a nett income of R 400.00 per bay over and above the monthly income that each unit is yielding. Units are situated on three different levels with various rental incomes depending on the square meterage of each unit.

The property has three levels and each section is divided into different offices to suit each tenant. Each level has its own kitchenette and ablution facilities. All tenants have lease agreements in place and brings in a phenomenal monthly rental income. This is a phenomenal income on a property that is readily available to be grabbed up.

The market will suit the investor that needs a good return on his investment or an office that wants to move into the entire downstairs floor and still receive income from the remaining offices available.

The property is completely fenced and gated and has security at its doorstep. It is AAA grade and neat as a pin with no renovations necessary. This should definitely be on your viewing list.

Contact Tracy Maharaj now to view this steal of a buy !!!

Property details

  • Listing number T4619348
  • Property type Offices
  • Listing date 2 May 2024
  • Land size 2 000 m²
  • Floor size 1 600 m²
  • Rates and taxes R 8 398

Property features

  • Bathrooms 6

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