1000 m² Commercial space in Colenso

R 2 500 000

Richard Obrien

Owner

1000 m² Commercial space in Colenso

R 2 500 000

1 sir george
Can I afford this?
Floor Area 1000 m²
Land Area 8.8 ha
Rates R 1200

INVESTMENT OPPORTUNITY

Double story office in Colenso is available for acquisition, The office is located on a 0.8 hectare piece of land which is zoned commercial office, the building only occupies a small part of the land and boasts 1000sqm between two floors.

The building is currently under renovation and has a tenant who occupies 1/4 of the building and pays R5000/month for it.

The building is in a great position to benefit from the R13Bn Colenso Power and Coal mining initiative set for the town of Colenso. Being the only available office block in the town it would make it the obvious solution to office rental for the power station. The non utilized land gives investors the opportunity to expand and construct other supporting facilities. The building also holds the potential to be converted into a block of flats for rental income.

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Key Property Features

8
Covered Parkings
10
Open Parkings
Access Gate
Fenced

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Richard Obrien
Owner
For sale by owner

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1000 m² Commercial space in Colenso

R 2 500 000

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Richard Obrien
Owner
For sale by owner

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