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R3,675,000

Introducing the Perfect Office Block Investment Opportunity!

Are you looking for a lucrative investment in the heart of the city? Look no further! We are delighted to present an exceptional office block for sale, offering an incredible rental income potential and a range of enticing features.

This meticulously maintained office block boasts a prime location and a solid rental history, making it an attractive proposition for astute investors. With a current rental income of R 134/m2 (VAT and utilities excluded), you can expect a total gross potential income of approximately R 78,000.00 per month. Imagine the possibilities!

Spread across two floors, this office block offers a total of 21 individual offices. The first floor features 11 well-appointed offices, while the second floor houses 10 more. With a diverse range of office spaces, you can cater to a wide variety of businesses and professionals, ensuring a steady stream of tenants.

Each floor is equipped with convenient ablution facilities, including separate restrooms for ladies and gentlemen. You'll also find fully functional kitchen facilities on both floors, allowing occupants to enjoy a comfortable and productive working environment.

But that's not all! As part of this incredible deal, you'll also acquire a vacant stand adjacent to the existing building. Spanning approximately 416 sq.m, this plot is zoned for the duplication of a similar building, presenting an excellent opportunity for expansion or future development. Currently, this area serves as six shaded parking bays, adding further value and convenience for tenants and visitors.

Investing in this office block means securing a solid and reliable income stream, as well as the potential for future growth. With its prime location across from the Wonderpark Shopping centre, excellent amenities, and additional land for expansion, this property is an investor's dream.

Don't miss out on this exceptional opportunity! Contact us today to arrange a viewing and take the first step toward maximizing your investment potential. The future of your portfolio starts here!

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
570m²
Land Size
1,076m²

Karenpark, Akasia

Akasia The first suburb to be built in Akasia is The Orchards. The Orchards was established as a residential township in 1904 and an old Dutch-Reformed church was in the center of the neighborhood. As the city of Pretoria grew in light of industrial expansion in the 1960s more houses were constructed in the northern semi-rural holdings today known as Akasia. The turning point in the urban development of Akasia...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

52,195.83

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