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R 3 600 000 | office property for sale in paardevlei

Property Description

Polished, brand new tenanted offices for sale on second floor of Titanium House in Paardevlei, Somerset West. Zoned for mixed use, these 155m2 units can be used either as an office or an airbnb. Three open parking bays are allocated to the offices. The purchase price includes the 3 bays which sell at R50,000 each. Current lease in place with a strong tenant till 31 October 2023, and will most likely renew. Tenants are paying R25 732 excl VAT, and the rental includes 3 parking bays. Lease escalated at 8% on 1 November 2019. This estate is ideal for both commercial or residential use, with beautiful tranquil surroundings, quick access to the N2 and R44. Located over the road from Somerset West's main commercial hub, the Mall Interchange. There is 24/7 controlled access, and resident security. Contact me for a viewing or more information.

Property Details

Purchase PriceR 3 600 000

Building Size155 m2

Price Per SQMR 23225 m2

Type of PropertyOffice

ZoningMixed Use

Last Updated26 Jul 2021



External Features

Open Parking Bays3

General Features


Air ConditioningYes

Property Location

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Naomi Kelly


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