R 10 500 000 | office property for sale in johannesburg central

Offices & Shops CBD Johannesburg Current monthly income: R124,100.00 Expenses: R 33,596.00 o Security: R 12,000.00 o Insurance: R 1,460.00 o Electricity: Prepaid o Rates: R 15,190.00 o Water R 3,533.00 o Clean & R M R 1,000.00 o Refuse R 412.00 Net monthly income: R 90,504.00 The property is ground plus 3 floors @ 450sqm / floor of which one floor is vacant Asking price is R 8,5 million or 12,8% purchase yield or R4,722/sqm. The municipal valuation is R 9,500,000 This property is situated on Lillian Ngoyi Street (Bree Street) Johannesburg Property Details Type of Property Offices & Shops Land Size 518sqm Under Roof 1,850sqm Call Howard or Matt for a private viewing