Property features

R3 700 000
Rates R981 pm

Property Details

**Prime Office and Residential Space Available in Silverton** Discover a unique opportunity to lease versatile property space located on Main Street, Silverton. This property offers a perfect blend of office and residential accommodations, ideal for businesses and professionals seeking a strategic location with potential for growth. **Property Features:** - **Office Space:** The property boasts approximately 200m² of office space, currently partially occupied by a dental laboratory and a hairdresser. The remaining 76m² is available for immediate occupation, perfectly suited for businesses looking to establish a presence in a vibrant area. - **Residential Flatlet:** Included is a cozy 42m² flatlet featuring an open-plan layout with a bedroom and bathroom. This space is ideal for residential use or as an additional office. - **Facilities:** The premises include five well-appointed offices, three toilets, one bathroom, and a storeroom, ensuring ample facilities for both staff and clients. **Building Overview:** - The property is part of a well-established building approved in the 1980s, comprising seven floors and approximately 70 flats, serviced by a lift, with a penthouse crowning the structure. While the office rights are currently active, the original residential rights for flats have been revised. **Utilities and Infrastructure:** - Both the dental laboratory and the flatlet are equipped with prepaid electricity meters, providing convenient utility management. The remaining sections of the premises will be upgraded with prepaid meters shortly. **Financials:** - This property offers an attractive rental income potential of R19,500, presenting an excellent investment opportunity for discerning buyers or tenants. Located in the heart of Silverton's bustling Main Street, this property offers easy access to local amenities and public transport, making it an ideal choice for businesses and residents alike. Don't miss the chance to secure this versatile space; contact us today to arrange a viewing.