600m² Factory For Sale in Lorentzville

R12,000,000

Web Ref No 3829105

4 Floor Commercial Building In Bertrams For Sale

Situated conveniently close to Victoria Yards and close to busy Albertina Sisulu road, this 4 floor commercial building has numerous tenants with good, comprehensive 1-year leases with 7% escalation clauses. It is suitable for either continued commercial use or conversion into residential or student accommodation.

Features include: Face brick building of four 600m2 floors including the ground floor, basement of 500m2, double storey stand alone block of 120m2 in total, combination of open plan factories and dry walling divisions, all floors have bathrooms and ablution facilities, bright as a result of large windows, neon lights, concrete floors, 3 phase electricity (capacity 600 amps), top floor can be utilised as a Penthouse, roof rented out to MTN, electric fence, burglar proofing, full alarm system from 7 Arrows, completely walled, sprinkler system, fire escape, fire hydrants, goods lift, prepaid meter on each floor's DB board, roller shutter doors, telephone exchange in basement, parking for 12 cars, stone artwork features in main stairwell, storeroom, electric motor gate

Rent rolls and financials available on request. Non-disclosure necessary to be signed

Features

Zoning Commercial
Purchase Rates R8,338.00pm Excl. VAT
Floor Size 600m²
Land Size 1,218m²

Broker Contact Details

Message the Agent

1 of 1