497 m² Office Space in Observatory

An exclusive opportunity awaits at Waverley Business Park, ideally positioned on the border of Mowbray and Observatory. This investment unit, available for sale under a sole mandate, present a lucrative prospect for discerning investors.

This particular unit comes with a secure lease in place until March 2026, with national brand tenants who have the option to renew their agreement. Offering a 12% yield at the asking price, this transaction is Zero-rated for VAT - making it a highly attractive investment opportunity.

Situated on the top floor, this unit features impressive high ceilings and the unique potential to be combined with neighboring units, creating a versatile space for future tenants. Capture breathtaking panoramic views of the mountains and city from every corner of the property.

Strategically located for easy access to major freeways such as the N2, N1, M3, and M5, this property is an ideal choice for businesses seeking a prime location. With a total of 8 parking bays, including 6 garages and 2 open parking spaces, convenience and accessibility are guaranteed.

There are 2 Additional units available under sole mandate on the same floor which can be combined to make 1293m2 office, with a synchronized long term lease in place.

Don''t let this exceptional investment opportunity at Waverley Business Park Mowbray slip through your fingers - reach out to us today to discover more about this premium commercial property.