1280 m² Commercial space in Paarden Eiland

R 8 500 000

Nico Snyman

Chas Everitt-Atlantic Seaboard and City Bowl

Andrew Light

Chas Everitt-Atlantic Seaboard and City Bowl

1280 m² Commercial space in Paarden Eiland

R 8 500 000

Can I afford this?
Floor Area 1280 m²
Rates R 6048
Levy R 7999

INVESTMENT OPPORTUNITY COMMERCIAL PROPERTY WITH GREAT RETURN!

Gross Monthly Rental of R40,000 pm on Ground Floor Gross Monthly Rental of R38,000 pm on First Floor

This double storey building is in a secure business park and includes 11 parking bays with the option to rent additional parking bays from the body corporate. Currently fully tenanted by 2 tenants has a lease remainder of 18 months in place and is wanting to extend their lease for another 5 years. This unit has 4 roller shutter doors on the ground floor and a studio with office and reception space on the first floor. Just concluded a second lease. GOOD RETURNS IN PLACE!

Location is one of the most important aspects to consider when buying property and this property is located in one of the main roads through the area. The building is facing Section Street in Paarden Eiland which makes it a very attractive investment. Accessibility, exposure and security is some of the salient features.

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Nico Snyman

Nico

Snyman

Andrew Light

Andrew

Light

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Experience Milnerton

Milnerton is a laid back, relaxed neighbourhood that's just a 15 minute drive away from the Cape Town CBD. The area has an abundance of natural beauty with Milnerton lagoon, Woodbridge Island, Rietvlei Nature Reserve and Milnerton Beach nearby. Residents take maximum advantage of the surroundings to participate in outdoor pursuits like canoeing, surfing, stand up paddling, kite surfing and running. The area is served by a number of shopping centres including Canal Walk, Bayside Mall and the Paddocks Shopping Centre. Century City offers both residential and business opportunities.The Ratanga Junction amusement park also offers entertainment options for the whole family.

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1280 m² Commercial space in Paarden Eiland

R 8 500 000

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