954 m² Commercial space in Bethlehem Central

R 4 500 000

Hazel Minnaar

Home Grown Rooted Living

954 m² Commercial space in Bethlehem Central

R 4 500 000

Floor Area 954 m² Land Area 1906 m² Rates R 4471

Office complex in Bethlehem with a very good monthly income.

This neat 954 square meter business building,( with approximately 30 offices) is currently leased to the Department of Public Works and is used by the SAPS. The property has been leased to the state for the last 15 years. This lease expires on April 2022. In the past, the state renewed the leasing contract every 3 years. The rent escalates by 5.5% each year. The property offers a great return on investment with a monthly income of R58 797. The gross income is R39 257. Land size: 1906 m2. Covered shaded parking.

Rates :R4471.38

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Hazel Minnaar

Hazel

Minnaar

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954 m² Commercial space in Bethlehem Central

R 4 500 000

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