Seize the opportunity to own this immaculately maintained, freestanding commercial property (no levies) located in the busting Rock Cottage shopping centre, off Christiaan De Wet Road in Weltevreden Park.
The seller is vat registered. Please see the advantages to this below the listing.
This double story OFFICE BLOCK AND WAREHOUSE comprises of the following:
First floor, currently used for Administration:
The main reception is very welcoming. Has two enclosed cupboards for the servers and for a safe.
8 offices varying is sizes, most are large sized offices.
1 Office and combined Boardroom
A walk in safe with shelving
1 Office (Fits 5 Desks)
1 Office (Fits 8 Desks)
1 Office with private entrance (Very large) +-80 sqm
Outside break or smoking area
Ladies Toilets with 3 toilets
Gents Toilets with 2 Toilets
Kitchen with a double sink and...
Seize the opportunity to own this immaculately maintained, freestanding commercial property (no levies) located in the busting Rock Cottage shopping centre, off Christiaan De Wet Road in Weltevreden Park.
The seller is vat registered. Please see the advantages to this below the listing.
This double story OFFICE BLOCK AND WAREHOUSE comprises of the following:
First floor, currently used for Administration:
The main reception is very welcoming. Has two enclosed cupboards for the servers and for a safe.
8 offices varying is sizes, most are large sized offices.
1 Office and combined Boardroom
A walk in safe with shelving
1 Office (Fits 5 Desks)
1 Office (Fits 8 Desks)
1 Office with private entrance (Very large) +-80 sqm
Outside break or smoking area
Ladies Toilets with 3 toilets
Gents Toilets with 2 Toilets
Kitchen with a double sink and an urn
2 Warehouses plus 2 Offices
Large Storeroom
Fire escape
Second floor is currently used for Sales and Consumables:
Open plan offices (Fits 6 Desks)
1 Office
Very large open plan office area (Fits 19 desks) with 5 nice sized offices to the side and another 1 that is also an open plan office, great for an administrator.
A large executive boardroom
An upstairs kitchen with a double sink and urn.
Gents toilet and urinal
Ladies toilets with 3 toilets
The upstairs landing makes a great waiting area
A cupboard housing the servers
The Bar, Presentation Room and Entertainment area are designed for just that. No need to spend money for company functions. This bar and entertainment area can take up to 70 people and has everything required to empress or build up the team!
Aircons are throughout in all the offices.
Security Cameras are throughout the building and security guards at the entrance.
There are two entrances for trucks on the one side of the building and for staff at the other end of the building. Ample secure parking for both staff and visitors.
This property is not just an office space, but a dynamic work environment designed to enhance productivity and business growth. Don’t miss this unparalleled investment opportunity.
VAT ADVANTAGES:
No Transfer Duty:
When a VAT-registered buyer purchases from a VAT-registered seller, the property is subject to VAT rather than transfer duty. Since VAT replaces transfer duty, the buyer avoids the latter, which can often be a substantial cost.
Input VAT Deduction:
If the buyer intends to use the property in a VAT-registered enterprise, the VAT paid on the purchase price can typically be claimed as an input VAT deduction from the South African Revenue Service (SARS).
This effectively reduces the buyer’s cost.
Cash Flow Advantage:
In certain cases, if structured correctly, the VAT paid can be offset against the business’s VAT output liability, enhancing cash flow management.
Section 11(1)(e) - Zero-Rated Supply:
If the property is sold as a "going concern" (e.g. rental property with ongoing leases), and all conditions are met, the transaction could qualify as zero-rated for VAT. This means no VAT is payable, significantly reducing the upfront financial burden for the buyer.
Enhanced Investment Opportunities:
VAT registration aligns with compliance and offers credibility, which can open doors to other business opportunities, partnerships, or financing that might not be as accessible to non-registered buyers.
Only pre-approved or cash buyers please!
Photo Grid
1 500 m²
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