980 m² Commercial space in Kloof

R 11 350 000

Rishlin Iyer

Wakefields-Hillcrest

980 m² Commercial space in Kloof

R 11 350 000

Can I afford this?
Floor Area 980 m²

Office block for sale

Price - R 11,350,000

Area - Kloof

Size - 980m2

Office block for sale, suitable for an end user or an investor with tenants.

Stunning upmarket office block for sale, this would currently suit an end user as the tenants are leaving on the 1st March 2017

Block 4 contains the 4 units

Vacant occupation - 1st March 2017

Current tenants do not have right of renewal.

The office Block is made up of:

2 X Ground floor units of 189m2 each,

2 X Upper floor units of 184m2 each.

There are 28 parking bays with 7 allocated to each of the four units and are included in the sales prices, normally parkings on a building such as this would go for up to R 50 000 per bay.

Total sales price for the entire Block - R11,350,000

Or

R 5,751,000 for entire Ground Floor

R 5,600,000 for entire 1st Floor

Or

R 2,900,000 for one ground floor unit

R 2,825,000 for one 1st floor unit

If you take an entire floor, you effectively gets the exclusive use of the common property ablutions and foyer on his floor of approx. 26m2

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980 m² Commercial space in Kloof

R 11 350 000

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