Property features

R5 490 000

Property Details

Hi to my CEO- FOUNDER-PROPERTY INVESTOR Here is a office block that can be rezoned into residential selling at R5 500 000 With a YIELD of more than 14% once fully let. generating well over and above 75k So it’s definitely a bargain. It includes : Office details as follows: • Back office - ± 165m² Consisting of a big open plan office with one enclosed office, kitchen area & 2 toilets & own alarm. • Upstairs – west wing - 165m² Consisting of 6 offices, reception area, kitchen & 2 toilets. • Upstairs east wing – ± 365m² Consisting of 14 x Offices, 1 x Boardroom. 1 x filing room, 2 x small storerooms & 5 x toilets, kitchen area, reception area, own alarm & parking bays. • Ground floor east & west wing - ± 400m² Consisting of numerous offices, Big boardroom, small meeting room, 4 toilets, 3 kitchens, own alarm. • 90 Howard Ave - ± 100m² - LAND SIZE 595m² Consisting of numerous offices, Big boardroom, 2 toilets, 1 kitchen, outside storeroom & an outside wash trough. • Open Area – 89 / 91 Elston Ave & 90 Howard Ave 30 x Parking Bays & 2 Garages in total, 2 x Storerooms. Motorized gates & electric fencing. Caretaker on site – 24hrs there's so much persuading to do because this building is just so exceptionally well taken care off and needs an owner that will carry on with it or turn into whatever that meets his standards and property criteria