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MACYOUNG: 3100sqm Erf – Commercial Property in CBD

R 20,000,000
Deal of the Week

Overview

Property Description

About this Property: This property has the perfect location for any business that required excellent visibility and ample parking. The Bulk of this property exceeds 9500sqm

 

History: Currently this property is partially tenanted with regular income. Due to the size of the erf and the location of this property it offers the new owner various option to expand and extend on the current structure.

 

Zoning: Business Zone I

 

Scalability: This property offers a multitude of options due to the location. Possibility to extend with flatlets can be explored (applications would have to be submitted to the municipality) and could prove lucrative due the shortage of accommodation in the area.

Create a multi-level business premises to accommodate Call Centres and other A-grade tenants.

 

Figures: Rent roll will be discussed with successful applicants.

 

Reason for Selling: Owner scaling down on current property portfolio

Property Id : 3058
Price: R 20,000,000

Contact Me

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Zenita De Villiers [MacYoung] Business Practitioner