- 12
- 992 m2
- 2 428 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 0.00
Monthly Levy: ZAR 0.00
Property description
Stunning double storey sectional title office blocks located on prime property in Bendor. Not only is the entire estate beautifully designed, with low maintenance, irrigated gardens, with neat paving and paved pathways all around the park. As an investor, you cannot go wrong with this building. Currently, at 62% capacity, the ROI is 7%. At full capacity, ROI will be over 11%. Each floor is a separate sectional title, and while there are 8 sectional titles, there are currently 14 separate offices for rent, of which 10 are being rented out. Rental contracts are already in place for all tenants, renewable every two years.
This office park has a beautiful palisade and brick wall, with motorized gates for vehicles and pedestrians. Each building is secure and comes pre-installed with an alarm for each floor as well as the front door. Each office has its own pay-as-you-go electrical meter installed. There are 8 sectional title units, 25 undercover parking bays, a communal 5000lJoJo tank, braai and storeroom, with an additional 10 open parking for customers. Each unit has 8 air conditioners per floor, a kitchenette and separate his and hers bathrooms, and installed network connections and telephone systems. Outside of two of the buildings, there are two separate outdoor eating areas.
Can you afford not to view this property? Give me a call, NOW! Pre-qualified buyers will be given preference. Pre-qualification is a service we offers all its clients at no additional cost to you!
We commit ourselves to:
*Truthful and honest advice
*Professional attitude, assessment, and understanding of your needs
*Confidentiality and protection of your interest
*Negotiate the best possible agreement
No one sells more property than us, so make the smart choice now. Pre-qualified or cash buyers will be given preference. If this property does not suit your needs or taste, please give me a call so that we can discuss and find your dream home or next investment. Please also click on the logo to your right to see all properties available by us.
Make that important call TODAY!
Sa.T.
Property Details
- 12 Bathrooms
- 15 Undercover Parking
- 10 Open Parking
Property Features
- Aircon
- Alarm
- Kitchen
| Bathrooms | 12 |
| Floor Area | 992 m2 |
| Erf Size | 2 428 m2 |
Contact the Agent
Thess Mertens
Candidate Property Practitioner