This exceptional multi-faceted medical and office use property presents a unique investment opportunity, perfectly suited for both medical practitioners and office-based businesses. With no transfer duty applicable, as the sales price includes VAT, this property is an attractive option for savvy investors looking to maximize their returns. Currently, the building is home to a variety of tenants, including dentists and chiropractors, with existing lease agreements that can be seamlessly taken over, ensuring immediate cash flow and stability.
Strategically located with excellent street exposure, this converted multi-use medical facility is designed to accommodate a diverse range of medical practices and office setups. The layout features a combination of 1 to 2 consultation rooms, private offices, and welcoming reception areas, making it ideal for healthcare professionals and administrative teams alike. Additionally, the property boasts essential amenities such as a fully equipped kitchen, a spacious filling room, a boardroom for meetings, and two well-appointed bathrooms, enhancing both functionality and comfort for tenants and clients.
Investing in this property not only offers a current lease yield of R 55,000 per month but also includes valuable features such as a 12Kva solar system, a reliable water backup system, and a borehole, ensuring sustainability and reducing operational costs. The added security of an alarm system provides peace of mind for both tenants and visitors. This property is a rare find in the market, combining prime location, versatile usage, and strong financial returns, making it an ideal choice for those looking to invest in a thriving medical and office environment.