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R 13 999 000

Commercial Property for Sale in New Germany

New Germany, Pinetown
  • Gross Lettable Area 1 600 m²
Multi Tenanted Office Block For Sale In New Germany

Calling All Investors !!!

This ideal investment opportunity has just been listed at a phenomenal price. Situated in prime area in New Germany off Shepstone Road this business opportunity will be ideally suited for the avid investor. New Germany has easy accessibility to the M19, public transport and centrally located for staff to commute.

The unit is a stand alone within a complex proximity hosting a staggering 1600 sqm of office space with 46 allocated parking bays. Each of these bays are yielding a nett income of R 400.00 per bay over and above the monthly income that each unit is yielding. Units are situated on three different levels with various rental incomes depending on the square meterage of each unit.

The property has three levels and each section is divided into different offices to suit each tenant. Each level has its own kitchenette and ablution...

Calling All Investors !!!

This ideal investment opportunity has just been listed at a phenomenal price. Situated in prime area in New Germany off Shepstone Road this business opportunity will be ideally suited for the avid investor. New Germany has easy accessibility to the M19, public transport and centrally located for staff to commute.

The unit is a stand alone within a complex proximity hosting a staggering 1600 sqm of office space with 46 allocated parking bays. Each of these bays are yielding a nett income of R 400.00 per bay over and above the monthly income that each unit is yielding. Units are situated on three different levels with various rental incomes depending on the square meterage of each unit.

The property has three levels and each section is divided into different offices to suit each tenant. Each level has its own kitchenette and ablution facilities. All tenants have lease agreements in place and brings in a phenomenal monthly rental income. This is a phenomenal income on a property that is readily available to be grabbed up.

The market will suit the investor that needs a good return on his investment or an office that wants to move into the entire downstairs floor and still receive income from the remaining offices available.

The property is completely fenced and gated and has security at its doorstep. It is AAA grade and neat as a pin with no renovations necessary. This should definitely be on your viewing list.

Contact Tracy Maharaj now to view this steal of a buy !!!

Listing number: P24-114350908, Image number: 1
Listing number: P24-114350908, Image number: 2
Listing number: P24-114350908, Image number: 3
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Listing number: P24-114350908, Image number: 5
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Listing number: P24-114350908, Image number: 7
Listing number: P24-114350908, Image number: 8
Listing number: P24-114350908, Image number: 9
Property Overview
Listing Number
114350908
Type of Property
Commercial Property
Description
Office, Multi Storey
Listing Date
02 May 2024
Erf Size
2 000 m²
Floor Size
1600 m²
Rates and Taxes
R 8 398
Bathrooms
6
Board Rooms
10
Kitchen
1
Reception Rooms
1
Entrance Hall
1
Rooms
Air Conditioner
Parking
40
40
Gross Lettable Area
1600 m²
Building Grading
AAA Grade
Multi Tenanted
Yes
Standalone Building
Yes
Number of floors
3
Power Availability
Single Phase
Security
1
Security
Guard House, 24 Hour Access, Alarm System, Security Gate
Temperature Control
1
Special Feature
Balcony
Backup Water
Yes
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