Selby, Johannesburg, Gauteng ID 1151084
3894m2
1701m2
Located on the M2 highway, this property comprises of 4 floors of upmarket shared office space and self storage units. Total Gross Lettable Area 3,182m2. Current gross rental income is R 150,000 pm based on aprox. 40% occupancy. All tenants are on monthly leases with exception of warehouse which is subject to a long term lease. Property has been subdivided into 122 rentable units: 51 co-working units, 71 offices, 1 warehouse, 12 self-storage units and parkings bays available for monthly/long term rental and boat storage. Property is sold as a going concern with current leases to be ceded to new owner. Sale price subject to VAT. Purchase price is inclusive of all fixtures, fittings, furniture and equipment and excludes the 500kVA generator. There is an additional income stream potential from M2 billboard advertising, subject to municipal consents. This is a great value opportunity situated in a high visibilty location
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