108 m² Commercial space in Hatton Estate

Secure an income-generating commercial investment in a sought-after, secure business park!

An excellent opportunity for investors seeking an established commercial asset with an existing tenant, reliable rental income and future growth potential.

Ideally positioned just 300m from the M13 Highway, this well-maintained ground-floor office enjoys convenient access to major arterial routes connecting Pinetown CBD, Westmead and the surrounding Upper Highway business nodes.

INVESTMENT HIGHLIGHTS

108m2 ground-floor office unit

Established tenant in occupation

Existing 3-year lease expiring 1 November 2027 Current annual rental escalation of 8

Strong potential for lease renewal for an indefinite period Very happy tenant

Strategically positioned in an established business park

FUNCTIONAL OFFICE LAYOUT

The office offers a practical configuration suited to a professional business environment, comprising:

Reception area with security gate and interleading door

Two partitioned offices, approximately 12m2 each

One larger office of approximately 16m2

Spacious passageway

Kitchenette and ablution facilities

Additional under-stair storage

Further features include carpeting throughout, good natural lighting, central air conditioning and prepaid electricity.

PARKING & SECURITY

Two open parking bays

One undercover parking bay

24-hour business park security

Optional dedicated security services available through Blue Security

CURRENT INVESTMENT FINANCIALS

Description

Monthly Amount

Rental income

R12,500.00

Rates

R2,435.00

Body Corporate levy

R1955.00

Gross annual rental income

R150,000.00

All amounts are excluding VAT.

Water is included in the current rental and supplied through the Body Corporates bulk account.

ATTRACTIVE INVESTMENT PROPOSITION

With a tenant already in place, an existing lease and an 8 annual escalation, this property offers investors an opportunity to acquire a commercial asset with immediate rental income and potential for continued income growth.

OFFERS FROM R975,000 EXCLUDING VAT will be considered, subject to the Sellers approval.

BODY CORPORATE INFORMATION

Relevant body corporate documentation, including financial information, management and conduct rules, and other supporting records, is available to suitably qualified prospective purchasers upon request, subject to the seller''s authorization and the appropriate due diligence process.

ARRANGE A VIEWING

Credit-approved clients and serious investors are welcome to contact Andrew to arrange a viewing and discuss this investment opportunity.

Availability and offer acceptance remain subject to the Sellers approval.