Reduced

Commercial Property for sale in Middelburg Central

R2,400,000
  1. 493m²
  2. Web Ref: 1320721
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Property Features

ERF Size 493 m²
Rates R6,822 per month
Home Owner Levies R20
Building Size 493m²
Sectional Title Levies R1,000

Investment property CBD Offices

This property, currently operating as an office block with individual tenants, offers significant potential for various uses.

The interior has been recently painted, and the property features
a Gross Leasable Area (GLA) of 237m².
When fully let, the gross rental income is R45,750 per month.
Office sizes range from 18m² for smaller units to 33m² for larger ones.

A communal reception area, complete with a spacious seating area, is available to service all 12 offices.
Secure tenant parking can be arranged at an additional monthly cost.

This property is zoned BUS 1 and is situated in a very busy commercial area.

Please call me to arrange a viewing, receive supporting documentation, and discuss further development options to increase income.


** Price excludes VAT

Contact the broker

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Annelie Landman
Non-Principal Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

51 Walter Sisulu Street, Middelburg Central

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