Property description

These offices are located within the highly sought after secure Southgate Business Park.

Comprising ground and first floor, the property enjoys high visibility on one of the main roads through the Park.

Ample parking is available on two sides of the property, as well as two entrances ---- main doors off the front parking area, and a side entrance accessed from central courtyard area.

The space of 324m2 in total, is split equally between ground and first floors. Tenants have been secured on an annual lease basis, with two being downstairs and one upstairs. Rentals generated equate to an annual Return on Investment of 13.96%. Utilities, rates, taxes and levies are divided up amongst the tenants in accordance with floor space occupied.

With the current economic environment of falling interest rates and inflation numbers, this property represents a really attractive investment proposition.

Both floors have well appointed kitchen and ablution facilities.

Kindly note that VAT is applicable in this transaction.      

RE/MAX Toti operates in terms of a franchise agreement with RE/MAX of Southern Africa.