1219 m² Office Space in Sanctor

R 4 099 000

Apiwe Nangu

Keller Williams-Explore Port Elizabeth

1219 m² Office Space in Sanctor

R 4 099 000

Can I afford this?
Floor Area 1219 m²
Land Area 2201 m²
Rates R 9445

This property has 13 lettable units ranging from 24 sqm - 200 sqm.

9 units are currently tenanted with an annual turnover of R456 000.

All tenants are on 3-5 year leases excluding 3 doctors and 1 pharmacist who are on a 1 year lease with an option to renew.

The ground floor has a common male & female toilet and the first floor units each have their own male & female toilets.

There is parking bays at the front & at the back of the building and a secure parking lot to the left of the building behind closed gates. The parking lot can accommodate up to 30 cars in total.

This property is being sold as a going concern and seller is VAT registered.

Purchase price excludes VAT.

Municipal valuation is R4 500 000. What a bargain!

Land Size: 2 201 sqm

Floor Size: 1 219 sqm

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1219 m² Office Space in Sanctor

R 4 099 000

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