Offices for sale in Newton Park, Gqeberha

COMMERCIAL PROPERTY FOR SALE

±350m² Under Roof | ±790m² Land | Business 1 Zoning | 11 Parking Bays

An excellent opportunity to secure a well-positioned commercial property in Newton Park, offering a versatile office layout, secure access, generous parking and the potential to adapt the premises to suit your business requirements.

The property offers approximately 350m² under roof on a land size of approximately 790m², with the land extent currently being verified.

IDEAL FOR AN OWNER-OCCUPIER

This property is particularly well suited to an end-user purchaser looking for a premises to accommodate their own business, rather than simply purchasing an investment property.

The current owners are selling as they require larger premises with additional office space, and the process of securing their new building has already commenced.

For purchasers looking at the property from an investment perspective, there is also potential to make further improvements or extensions, subject to the necessary approvals.

PROPERTY FEATURES
Two entrances at the front of the building
Reception area
7 offices, currently separated by drywall
Open-plan office area with 4 desks
Boardroom
Bar area
3 bathrooms, including 2 with showers
2 storage areas
11 parking spaces, excluding the grassed area in front
Parking currently unmarked
Swimming pool, which has been closed up
Roller block-out blinds
Built-in alarm system connected to mobile phone software
Security cameras with mobile phone access
Fenced office premises with electronic access at the first entrance
Built-in generator backup system
Backup generator itself is not included, but can be negotiated separately

ZONING & MUNICIPAL INFORMATION

Zoning: Business 1

All municipal plans for the existing building and extensions have been approved. A copy of the approved plans is currently being obtained from the municipality.

The title deed is currently held by the bank, with a copy available.

RUNNING COSTS

General rates: Approximately R2,000 per month
Average municipal account: Approximately R4,000–R5,000 per month, depending on usage.

RENTAL POTENTIAL

The property has an estimated rental value of approximately R30,000–R35,000 per month, making it an attractive option for a purchaser wanting to occupy the premises while considering the longer-term investment potential.

Further improvements, alterations or extensions could potentially enhance the property's functionality and rental potential, subject to the relevant municipal approvals.

VAT

The purchase price is exclusive of VAT.

The company that owns the property is a VAT vendor, and VAT will therefore be applicable to the transaction.

A FLEXIBLE COMMERCIAL OPPORTUNITY

Whether you are a business owner looking for your own premises or an investor seeking a property with future development potential, this property offers a versatile commercial space in a well-established Newton Park location.

With its existing office infrastructure, secure access, parking and Business 1 zoning, the property provides a solid foundation for a growing business — with scope to further adapt and improve the premises to meet your needs.

Contact Angelique today to arrange a private viewing.