EXCLUSIVE MANDATE
Web Ref DPC1083
R8,980,000
Andasta Building None
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Monthly Rates
R16,394.40
R16,394.40
Multi Tenanted, Three Floored Commercial Office Building For Sale
This well-positioned three-storey commercial building presents an attractive investment opportunity with strong existing income and future potential. Six of the seven offices are currently tenanted, including a prominent anchor tenant, generating an approximate gross overall rental income of R 105 880.00 per month before deductions. The property is managed by Gary Mann Estates, ensuring streamlined operations and tenant management.
The ground floor measures approximately 784.78 square meters and is fully occupied by the anchor tenant, who also leases additional office space on the first floor. The first floor, also approximately 784.78 square meters, accommodates four other established tenants. The second floor, measuring around 330.15 square meters, is currently vacant, providing an excellent opportunity for further income growth or owner occupation.
Selling is VAT Exclusive.
Viewings are available by appointment to allow for coordinated access to the individual rental offices.
The ground floor measures approximately 784.78 square meters and is fully occupied by the anchor tenant, who also leases additional office space on the first floor. The first floor, also approximately 784.78 square meters, accommodates four other established tenants. The second floor, measuring around 330.15 square meters, is currently vacant, providing an excellent opportunity for further income growth or owner occupation.
Selling is VAT Exclusive.
Viewings are available by appointment to allow for coordinated access to the individual rental offices.
Features
Building Name
Andasta Building
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Parking Bays
Covered Parkings
21
Sizes
Floor Size
1,899m²
Land Size
1,983m²
