ref # 3114

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R 52 500 000 (2 664 974 EUR*)

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3
± 595 m2
± 580m2

Property Features
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Hi to my CEO- FOUNDER-PROPERTY INVESTOR Here is a office block that can be rezoned into residential selling at R5 500 000
With a YIELD of more than 14% once fully let.
generating well over and above 75k
So it’s definitely a bargain.

It includes :
Office details as follows:

• Back office - ± 165m²
Consisting of a big open plan office with one enclosed office, kitchen area & 2 toilets & own alarm.

• Upstairs – west wing - 165m²
Consisting of 6 offices, reception area, kitchen & 2 toilets.

• Upstairs east wing – ± 365m²
Consisting of 14 x Offices, 1 x Boardroom. 1 x filing room, 2 x small storerooms & 5 x toilets, kitchen area, reception area, own alarm & parking bays.

• Ground floor east & west wing - ± 400m²
Consisting of numerous offices, Big boardroom, small meeting room, 4 toilets, 3 kitchens, own alarm.

• 90 Howard Ave - ± 100m² - LAND SIZE 595m²
Consisting of numerous offices, Big boardroom, 2 toilets, 1 kitchen, outside storeroom & an outside wash trough.

• Open Area – 89 / 91 Elston Ave & 90 Howard Ave
30 x Parking Bays & 2 Garages in total, 2 x Storerooms.
Motorized gates & electric fencing.

Caretaker on site – 24hrs

there's so much persuading to do because this building is just so exceptionally well taken care off and needs an owner that will carry on with it or turn into whatever that meets his standards and property criteria



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