Property features

R2 995 000

Property Details

BE FIRST TO JUMP IN WITH THIS LATEST RELEASE, AND SECURE THIS PRIME INVESTMENT CORNER PROPERTY FOR SALE IN THE HIGH TRAFFIC NODE OF CAPE ROAD MILL PARK, CLOSE TO THE GREY HIGH SCHOOL. DOUBLE STORY BUS 3 ZONED COMMERCIAL PROPERTY, ON A HIGHLY VISIBLE CORNER. THIS PROPERTY IS ALL ABOUT POSITION, AND VISIBILITY, TO SHOWCASE YOUR INVESTMENT. THE PROPERTY HAS AN EXISTING LONG STANDING TENANT IN PLACE. THEY PAY ALL THE RECOVERIES, TOGETHER WITH THE MONTHLY RENTAL, WHICH INCLUDES THE NORMAL WATER AND ELECTRICITY PLUS THE SEWAGE AND OTHER RELATED MUNICIPAL COSTS. THE RELEVANT INCOME AND LEASE DETAILS WILL BE SHARED WITH PRE QUALIFIED INTERESTED INVESTORS. RATES AND TAXES WHICH IS PAYABLE BY THE OWNER IS APPROX R5400 PER MONTH. THE MONTHLY INSURANCE IS APPROX R1646 PER MONTH. THE PROPERTY CONSISTS OF 6 GENERAL AND PRIVATE OFFICES, WITH AMPLE ABLUTIONS, AND KITCHEN FACILITIES. 2 INTERVIEW ROOMS,BOARDROOM, AND GENEROUS RECEPTION AREA, WITH ALSO SUFFICIENT VISITOR SEATING.THE PROPERTY ALSO OFFERS A 2 BED FULLY CONTAINED FLATLET ,WITH ITS OWN SEPARATE ENTRANCE. THE SELLERS ARE VAT VENDORS AND IF THE POTENTIAL BUYER IS A REGISTERED VAT ENTITY, THEN TAKE ADVANTAGE OF A POTENTIAL VAT ZERO RATED TRANSACTION, AND SAVE ON TRANSFER DUTY.