Introducing an opportunity to acquire a ground floor office space ideally suited for legal practices and similar businesses. This well-appointed 66 sqm office boasts a prime location with direct street access and is conveniently situated within walking distance to the magistrates offices, making it a strategic choice for law firms seeking proximity to key legal establishments.
Key Features:
Location: The property''s location provides easy access to key legal institutions, ensuring a convenient and efficient work environment for legal professionals. The property''s central location is also beneficial for attracting clients and enhancing visibility.
Tenant Stability: The property boasts a strong tenant with a signed lease agreement in place until 31 March 2024. This offers an immediate and reliable stream of rental income for the new owner. Furthermore, there is an option to renew the lease for an additional year, providing long-term stability.
Rental Income: The current tenant is paying a monthly rental of R5,500. This consistent rental income provides a solid return on investment for potential buyers and ensures a steady cash flow.
Parking and Security: The property includes a valuable addition of 2 covered parking bays, offering convenience for both tenants and clients. The presence of a security gate adds an extra layer of protection, ensuring a secure and safe environment.
Investment Potential: With its prime location, established tenant, and attractive lease terms, this property presents an appealing investment opportunity. The potential for rental income growth and appreciation in property value adds to its investment appeal.
This price excludes VAT (Including VAT - R 540 500)
Dont snooze as this one - At this price _ will not last long on the market.
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing property practitioner(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing/renting.
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