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570m² Office For Sale in Karenpark

R3,675,000

Web Ref No RNC421

Introducing the Perfect Office Block Investment Opportunity!

Are you looking for a lucrative investment in the heart of the city? Look no further! We are delighted to present an exceptional office block for sale, offering an incredible rental income potential and a range of enticing features.

This meticulously maintained office block boasts a prime location and a solid rental history, making it an attractive proposition for astute investors. With a current rental income of R 134/m2 (VAT and utilities excluded), you can expect a total gross potential income of approximately R 78,000.00 per month. Imagine the possibilities!

Spread across two floors, this office block offers a total of 21 individual offices. The first floor features 11 well-appointed offices, while the second floor houses 10 more. With a diverse range of office spaces, you can cater to a wide variety of businesses and professionals, ensuring a steady stream of tenants.

Each floor is equipped with convenient ablution facilities, including separate restrooms for ladies and gentlemen. You'll also find fully functional kitchen facilities on both floors, allowing occupants to enjoy a comfortable and productive working environment.

But that's not all! As part of this incredible deal, you'll also acquire a vacant stand adjacent to the existing building. Spanning approximately 416 sq.m, this plot is zoned for the duplication of a similar building, presenting an excellent opportunity for expansion or future development. Currently, this area serves as six shaded parking bays, adding further value and convenience for tenants and visitors.

Investing in this office block means securing a solid and reliable income stream, as well as the potential for future growth. With its prime location across from the Wonderpark Shopping centre, excellent amenities, and additional land for expansion, this property is an investor's dream.

Don't miss out on this exceptional opportunity! Contact us today to arrange a viewing and take the first step toward maximizing your investment potential. The future of your portfolio starts here!

Features

Zoning Commercial
Floor Size 570m²
Land Size 1,076m²

Broker Contact Details

Abigail Nhlabati
Candidate Property Practitioner
Registered with PPRA
(FFC 202 371 445 47)

Cell 065 005 3728
Office (010) 0251993
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