This centrally located office complex in Hout street, ideal for a professional practice in the medical, accounting, engineering or similar fields, opens from a secured North facing frontage with remote security gates to a low maintenance offices building with ample paved parking including 14 shade covered bays. The entire erf is paved allowing for possible further parking if so required and permissible. The tiled entrance area is spacious and offers dual flow to offices, a boardroom, a kitchen, toilets, a large strongroom/safe and more. The frontage does make provision for 2 entrances if need be as 1 of the offices on the East wing also has an entrance. The building comprises 15 offices, depending upon required application of rooms in this building (5 with built in desks and cupboards / the 2 offices on the rear West wing also have private access) besides the boardroom, large walk in strongroom and a separate storage room also with a private entrance. The boardroom has a adjacent bathroom comprising a shower, toilet and a washbasin. There is ablutions for ladies and gentleman (each with 2 toilets and wash basins), there is a separate kitchen with built in cupboards.
Gross rental income potential at R70/m² X 440m² (Expenses ±20%)
The sale price is 8.5% yield ROI of nett income.
EXTRAS INCLUDE:
Storage area
Electric fencing
Alarm system with beams
Wheel chair friendly
Airconditioning
Although every effort has been made to obtain and present accurate information, we cannot be held liable for any incorrect information supplied and it is imperative for the client to perform a due diligence.