PRIME INVESTMENT OPPORTUNITY | TENANTED 108m² GROUNDFLOOR OFFICE | EXCEPTIONAL M13 ACCESS
An excellent opportunity for investors seeking an established commercial asset with an existing tenant, reliable rental income and future growth potential.
Ideally positioned just 300m from the M13 Highway, this well-maintained ground-floor office enjoys convenient access to major arterial routes connecting Pinetown CBD, Westmead and the surrounding Upper Highway business nodes.
*INVESTMENT HIGHLIGHTS
108m² ground-floor office unit
Established tenant in occupation
Existing 3-year lease expiring 1 November 2027 (Current annual rental escalation of 8%)
Strong potential for lease renewal for an indefinite period (Very happy tenant)
Strategically positioned in an established business park
*FUNCTIONAL OFFICE LAYOUT
The office offers a practical configuration suited to a professional business environment, comprising:
Reception area with security gate and interleading door
Two partitioned offices, approximately 12m² each
One larger office of approximately 16m²
Spacious passageway
Kitchenette and ablution facilities
Additional under-stair storage
Further features include carpeting throughout, good natural lighting, central air conditioning and prepaid electricity.
*PARKING & SECURITY
Two open parking bays
One undercover parking bay
24-hour business park security
Optional dedicated security services available through Blue Security
*CURRENT INVESTMENT FINANCIALS
Description
Monthly Amount
Rental income
R12,500.00
Rates
R2,435.00
Body Corporate levy
R1,955.00
Gross annual rental income
R150,000.00
All amounts are excluding VAT.
Water is included in the current rental and supplied through the Body Corporate’s bulk account.
*ATTRACTIVE INVESTMENT PROPOSITION
With a tenant already in place, an existing lease and an 8% annual escalation, this property offers investors an opportunity to acquire a commercial asset with immediate rental income and potential for continued income growth.
*OFFERS FROM R975,000 EXCLUDING VAT will be considered, subject to the Seller’s approval.
*BODY CORPORATE INFORMATION
Relevant body corporate documentation, including financial information, management and conduct rules, and other supporting records, is available to suitably qualified prospective purchasers upon request, subject to the seller's authorization and the appropriate due diligence process.
*ARRANGE A VIEWING
Credit-approved clients and serious investors are welcome to contact Andrew to arrange a viewing and discuss this investment opportunity.
Availability and offer acceptance remain subject to the Seller’s approval.
Features
Finance
R0,00
R0,00
Disclaimer
While every effort will be made to ensure that the information contained within the Just Property website is accurate and up to date, Just Property makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
