234 m² Office Space in George Central

Positioned in the heart of George Central, this well-maintained office commercial property presents a compelling dual mandate investment opportunity with strong fundamentals and long-term tenant stability. Set on a 685m² erf with a 234m² Gross Lettable Area, the property is currently occupied by a highly reputable firm of consulting engineers with 30 years of continuous operation from this premisesoffering exceptional tenant credibility. The current lease expires August 2026, with the tenant open to negotiating a new 3-year lease with a potential 3-year extension, providing investors with the option of secure, continued income. The lease structure includes annual escalations of 6, enhancing long-term yield performance.

Property Features:

Professional reception area

Current 8-seater boardroom configuration

8 private offices various sizes including a loft workspace

Kitchenette, storerooms, ablutions & dedicated printer areas

Secure, fenced and paved parking 2 covered parking bays 6 open bays

Fibre coverage

Key Investment Highlights:

Zoning: Commercial

Rates & Taxes: R3,000month payable by tenant

Established tenant with renewal intent

Secure, income-producing asset

Central location with strong business presence

Potential to be sold as a going concern, with financial statements available for qualified buyers. An ideal acquisition for investors seeking stable returns, quality tenants, and prime positioning in Georges commercial hub. More detailed information will be shared with serious potential buyers.