R 3 900 000 | office property for sale in observatory

Property Description

This unique property is ideally located in the energetic node of Observatory and offers two neighbouring properties well suited for a wide range of businesses or upliftment ideas. These can be sold separately if required. The property has a stunning facade onto Lower Main main Road and offers two neighbouring ERFs namely: 319 and 321 Lower Main. The two properties have separate entrances but are interlinked internally. By far the biggest value add is the ample parking on offer. There is space for around 6 vehicles on the curbside and another - 5 vehicle at the back. The zoning of General Business 1 also allows for flexibility thus allowing a live and work environment or even a multi-tenant environment catering for the demands of the market. Both properties are have ample water and waste points along with ample toilets. There is 3 phase power available and a 1st floor hoist gantry for large items. Both also have prepaid electricity and offer - 185 sqm of rentable space each side over two floors. With a quick clean up and paint this property could be ideally suited for your business or your next property venture. Contact me to discuss all possibilities or find out more regarding rates, plan, etc.


Property Details

Purchase Price R 3 900 000

Building Size370 m2

Price Per SQMR 10540 m2

Type of PropertyOffice

ZoningCommercial

Land Size386 m2

Last Updated31 Mar 2024

Property Location

Similar Property in nearby suburbs

Agent

Kurt Dreyer

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