R 3 300 000 | building property for sale in lonehill

This excellent commercial investment property situated in the heart of Lonehill, as a free-standing building in an office park with 24-hour security offers extremely attractive work-spaces with ample secure parking for staff and for clients. More than 10 workspaces depending on the configuration - with a beautiful reception area and a spacious boardroom. The tenants are more than 1 year (September) into a 5-year lease - so there will be 4 years or less left for the new owner. The current rental is R21 000 month with escalations over the lease period. The tenants pay all expenses - including the levy, water and electricity and the garden and pool and general upkeep is their responsibility. The new owner will only need to pay rates and taxes of approximately R2200 / month. - The office was recently renovated - 3 offices and the board room have air conditioners, - 2 full bathrooms - one en-suite for the executive suite. - There is a beautiful, bright reception - with large windows showcasing the pretty garden with a sprinkler system. - Swimming Pool. - Large board room off the reception area - or can be used as offices. - There is room to expand and build a 2nd story the size of the current building so you can actually double the space and design it with separate entrances. - 3 different entrances so potentially you can have 3 different tenants in the building. - 4 undercover parking bays and room for 4 other cars (8 parking bays in total) - 24-hour security which is included in the levy - the levy is R3500 per month - which is paid by the tenants as part of the lease. - Fibre/internet infrastructure. - Full kitchen with granite counters, a stove and fittings for 2 appliances and a further space for a fridge. - Back staff chilling area