FOR SALE COMMERCIAL PROPERTY IN LA LUCIA R35 000 000

FREE STANDING, FULL TITLE 2 STOREY OFFICE BLOCK IN PRIME POSITION AT 96 ARMSTRONG AVENUE, LA LUCIA WITH EXCELLENT VISIBILITY FROM ARMSTRONG AVENUE AND M41. SEAVIEWS. EASY ACCESS TO ALL MAJOR ARTERIAL ROADS. APPROXIMATELY 1 300 SQM OF LETTABLE AREA AND 62 PARKING BAYS. (22 BASEMENT AND 42 OPEN). LOVELY SETTING WITH FEVER TREES AND WELL-KEPT GARDENS. FEATURE STAIRWAY. FULLY AIRCONDITIONED. RATES R34 979 PM. GREAT INVESTMENT OPPORTUNITY AS FREE TITLE OFFICE BUILDING VERY SELDOM COME AVAILABLE. FULLY FENCED WITH ELECTIFIED FENCE. 3 YEAR LEASE IN PLACE 1/10/2019 TO 30/9/2022 FOR 405 SQM GROUND FLOOR @ R168.35/SQM = R68 181PM 5 UNDERCOVER PARKING BAYS @ R841 EACH = R5892PM AND 14 OPEN BAYS @ R647 EACH = R9065 PM. TOTAL RENTAL R83 139 PM. VACANT OFFICE SPACE ASKING RENTAL R160 / SQM , UNDERCOVER PARKINGS @ R700 EACH AND OPEN PARKINGS @ R600 EACH.

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Property details

Building size:
1,300 m²

Rates and Taxes
R34,979 per month

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