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258m² – Waverley Business Park ground and mezzanine floor available To Let in Observatory.

R33,540 per month

Observatory, Cape Town, South Africa, Cape Town,
South Africa
R130/m² For Rent
Offices to let
  • 40
  • 0
  • Size: 258m2
Norman Alexander
Norman Alexander
Contact Agent
083 631 4410

Description

Ground & mezzanine commercial sectional title unit with parking bays!

Waverley Business Park, situated on the border of Mowbray/Observatory and close to both railway stations and other transport links and is just off the N 2 Freeway and with easy access to the CBD and other main business centres.

The business park is close to all amenities in the area with ample shops and restaurants in the surrounding area. There is also an on-site restaurant and kiosk. The complex is patrolled by 24-hour security with access control.

This secure, well managed business park has always proven popular with many companies in the IT / Design / Training industries.

The rentals have always been competitive, and have attracted quality tenants.

Parking bays – 3 open bays – R900pm + VAT per bay = R 2,700pm VAT

Parking bays – 4 garage bays – R1100pm + VAT per bay = R 4,400pm VAT

Rentals – R130/m² + VAT

This unit is also FOR SALE

SELLING PRICE –

Potential Annual Gross Income – R 487,680

Less Expenses – R111,164

Potential nett income – R376,517

Market value @ 9.5% = R 3.963m + VAT

Suitable for owner occupier

Call now to arrange viewing.