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307m² Office For Sale in Ottery

R4,000,000

Web Ref No CL2925

Fully Tenanted Investment Property at 9.4% Yield

220 Ottery Road is a sectional title office building located across Ottery Road from the Military Base. The building is secure, with an alarm system and armed response. There is quick and easy access to the M5 and Wetton Road.

There are 5 sectional title units for sale, all of which are currently tenanted. The net yield is 9.4%, an excellent return.

1. 57sqm
2. 57sqm
3. 58sqm
4. 58sqm
5. 77sqm

Total: 307sqm

Parking: 6 Open Bays as part of the sections
Price: R4,000,000 excl VAT for all 5 units (all 5 units must be sold together)

What's the next step? Just reply to this listing with your contact details to request a call back. You can also call the broker specialist for the area directly, Simon Solomon of Safcom Properties. You can be assured of a quick response and professional service to assist you to make informed decisions in your property search.

Features

Title Sectional
Open Parkings 6
Zoning Commercial
Monthly Rates R1,897.00pm Excl. VAT
Monthly Levy R9,469.00pm Excl. VAT
Floor Size 307m²
Security Yes

Broker Contact Details

Simon Solomon
Non-Principal Property Practitioner
Registered with PPRA
(FFC 119 215 3)

Cell 072 697 8275
Office (021) 5528871
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