Property for sale in Rose Str, Cape Town, South Africa

£150,699 (R3,500,000 (R1,241/sq. ft) )
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Property for sale

262 sq. m*

Property features

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Property description

Double volume versatile spacious offices for sale in Cape Town City Centre in the popular and established block. Will suit an investor buyer. Has a 5 year lease in place started Aug 2023 terminates 31 July 2028.First year rental is R35 500 plus vat per month/ 2nd yearR37 450 plus vat/3rd year R40 071 plus vat/4th year R42 876 plus vat/Final year R45 877 plus vat. Tenant pays on top of the rental some usage cost for example electricity. VAT registered seller so the possibility of doing a zero-rated transaction and saving on transfer costs.Conveniently located in the Cape Town City Centre, part of a successful development that also has residential units. The building has established tenants /owners including attorneys' firms and the head office of one of Africa's leading Property Brands. 2 parking bays are included and the possibility of renting more bays. Versatile office space with lots of options. Toilets on both down and upstairs levels. Large kitchen facilities upstairs. A unit that must be viewed to understand its true value. Alarm system/boardroom facilities and much more. Please do not hesitate to contact me for any further information.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by RE/MAX Living, and do not constitute property particulars. Please contact RE/MAX Living for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.