414 m² Commercial space in George Central

R 2 350 000

Dirk van Eeden

RE/MAX Outeniqua

414 m² Commercial space in George Central

R 2 350 000

Address: unit 1 ss brick industrial park, 11 brick road
Floor Area 414 m² Land Area 7117 m² Rates R 1687

Sole Mandate

This Unit 1 is sharing a stand, governed by a sectional title with two other units, in 11 Brick Road George industrial.

It is a neat Unit comprising +/- 425 m2 in size plus outside parking space for several vehicles. Currently it is mainly being used as the offices of a strong telecommunications service provider in the Eden region.

The current tenant has indicated its intent to stay on and to renew its lease agreement by either 3 or 5 years. They do however require certain extensions and improvements to the property. Plans already exist for a further extension but will have to be adjusted and approved again.

A new investor is now required to buy this property and bring about the required changes. The expected ROI should be quite good.

This will be a VAT transaction VAT still to be added.

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Key Property Features

30
Open Parkings

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As a focal point of the Garden Route, this town boasts spectacular views of the Indian Ocean. It’s the idyllic holiday or retirement destination, located on a plateau between the Outeniqua Moutains. While quaint and seemingly quiet, George hosts many festivals and events for year-round entertainment. Experience a luxurious, peaceful life at its finest, surrounded by a majestic natural environment.

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Similar Property for Sale in George Central

414 m² Commercial space in George Central

R 2 350 000

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