R 8 500 000
| Commercial Property for Sale in Selby
5
Shared office space and self storage going concern
Located on the M2 highway, this property comprises of 4 floors of upmarket shared office space and self storage units. Total Gross Lettable Area 3,182m2. Current gross rental income is R 150,000 pm based on aprox. 40% occupancy. All tenants are on monthly leases with exception of warehouse which is subject to a long term lease. Property has been subdivided into 122 rentable units: 51 co-working units, 71 offices, 1 warehouse, 12 self-storage units and parkings bays available for monthly/long term rental and boat storage. Property is sold as a going concern with current leases to be ceded to new owner. Sale price subject to VAT. Purchase price is inclusive of all fixtures, fittings, furniture and equipment and excludes the 500kVA generator. There is an additional income stream potential from M2 billboard advertising, subject to municipal consents. This is a great value opportunity situated in a high visibilty location
Property Overview
Facilities
External Features
Building
Other Features
Contact AgentWeb Ref 115575187
Show Contact Number
Send Agent a Message
Agency
Agents
Latest Listings
-
3 Bedroom House for Sale in Lenasia Ext 5, JohannesburgR 1 350 000 -
2 Bedroom Apartment / Flat for Sale in Killarney, JohannesburgR 1 699 000 -
3 Bedroom House for Sale in Norwood, JohannesburgR 2 550 000 -
House for Sale in Judiths Paarl, JohannesburgR 260 000 -
3 Bedroom House for Sale in Saxonwold, JohannesburgR 6 750 000
