R 13 860 000 | office property for sale in pinetown central

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Property Description

This is an exceptional investment opportunity. This triple storied office block has various sized office suites and is virtually fully tenanted. There is demand for less expensive office space in the area and this office block is spotlessly clean and neat and very well maintained. There is literally nothing to do to the property. There are 46 open parking bays on site which are currently not being charged for but that needs to be corrected. the property is being offered at a return on investment of 10% and this number can very easliy be increased by the new owned as leases come up for renewal.


Property Details

Purchase Price R 13 860 000

Building Size1540.00 m2

Type of PropertyOffice

Land Size0.00 m2

Last Updated08 Jul 2024

Rooms

Bathrooms0.0

Property Location

Agent

Paolo Scilipoti

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