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2540.1 m² Commercial space in Lichtenburg

R 16 000 000

4 Baths
Floor Area 2540.1 m² Land Area 3630 m² Rates R 9600

This Commercial Office Space consists of the following:

Retail Space - Newly renovated retail space which offers a spacious area of 1944 square meters. The premises has the potential to generate a rental income of R70.00 per square meter. The premises is equipped with essential amenities including a delivery area and two bathrooms (each with six toilets, three basins, and one shower). Additionally, the provision of three-phase electricity ensures sufficient power supply for various operational requirements. Presently, there is no tenant occupying this expansive area, providing a promising opportunity for businesses seeking ample square footage in a prime location.

Office Space - The office space within the building spans 508.10 square meters and is distributed across two floors.

* The first floor comprises five offices, with separate toilet facilities for males, females, and individuals with disabilities. Additionally, there are two storerooms, two kitchens, a reception area, and a dedicated printing office, catering to a range of administrative needs.

* On the second floor, there are six offices, along with similar toilet facilities and additional amenities such as a boardroom and three storerooms. The presence of two kitchens on this floor further enhances convenience for employees.

The current rental income generated from the Office Space is R125,000.00 per month.

2nd Retail Shop - Retail shop spanning 88 square meters, contributing to the overall rental income with R4752.00 per month.

General Property Features:

- Parking convenience is a notable highlight, with the property offering ample space for vehicles. The presence of 15 covered parking spots and 22 open parking spaces ensures ease of access for both employees and customers.

- Situated centrally in the CBD, the building enjoys strategic placement, offering accessibility to various amenities and attracting foot traffic.

Overall, with its extensive space, modern amenities, and prime location, the commercial office building presents an attractive prospect for businesses seeking a thriving workspace in a bustling urban environment showcasing its potential as a lucrative investment opportunity.

Don''t miss out on this investment opportunity and book your viewing today!

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Key Property Features

4
Bathrooms
37
Open Parkings

Contact Agent

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