Prime Commercial Investment Opportunity situated in the popular suburb of Sunninghill. Boasting 5,968sqm of gross lettable area (GLA) the property presents significant potential for high returns with 37% already tenanted and ample room for further rental growth.
This well positioned office block has a beautiful mix of open plan and partitioned office spaces, air conditioning, ample natural lighting throughout, modern reception area and fully equipped kitchen area. Parking bays available for staff and visitors. Close access to he N1 and other major roads such as Rivonia and Witkoppen Road. shopping centres and public transport all in close proximity.
Key Features & Investment Highlights:
. Prime location
. Easy access to to major highways
. High visibility and convenience for tenants
Strong Rental Income Potential
- Office Space: R90.00/sqm (excl. VAT)
- Storage Space: R35.00/sqm (excl. VAT)
Parking Revenue Stream:
- 153 Basement Bays: R600.00/month (excl. VAT)
- 111 Shaded Bays: R500.00/month (excl. VAT)
- 3 Open Bays: R400.00/month (excl. VAT)
High growth Potential, the building is currently at 63% vacancy and presents a great opportunity for investors to maximise occupancy and boost rental income with strategic leasing.