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R6,280,000

Mixed Use for sale in Somerset West Central

399m²
970m²
Great Investment In A Great Location.

Exceptional Investment Opportunity Awaits You!

Price: R6,280,000 + VAT

Discover a rare gem in the heart of the city—a truly remarkable investment opportunity that promises significant returns. This centrally located property has been meticulously renovated to offer modern office spaces with a luxurious touch. Zoned as LB2 Local Business, it is perfectly suited for both business and commercial use.

Property Overview:

The property features two distinct buildings. The main building boasts approximately 294 sqm of premium office space, while the secondary building offers an additional 105 sqm. Both are currently tenanted, generating a steady income of R60,000 per month. The property's strategic location ensures easy access from major roads and highways, making it an ideal choice for any business venture.

Main Building Features:

Upon entering the main building, currently home to a pre-school, you are welcomed by an open-plan reception area. This leads to nine dry-wall partitioned office spaces, a boardroom, and a storeroom, all bathed in natural light from large windows. The space is elegantly finished with tiled floors, and the layout can be effortlessly adjusted to create a more open plan if desired. Additionally, the main building is equipped with a spacious, modern kitchen and three bathrooms for the convenience of staff and visitors. Step outside into the beautifully paved courtyard—a perfect spot for relaxation and fresh air.

Secondary Building Highlights:

The secondary building is occupied by a retailer and serves as a showroom for fabric viewing. It includes its own kitchen area, clean ablutions, and a storeroom. Like the main building, it opens onto the shared courtyard. Lease continuation with the current tenant can be negotiated.

Additional Features:

This property is equipped with a Paradox security system, electric fencing, Trelidor security doors, four air conditioning units, and a 6KW power generator. Parking will never be an issue with ample off-street parking and 4-6 tandem spaces secured behind a motorized door.

Don't miss out on this unparalleled opportunity to invest in a prime location. Contact me today to arrange a viewing and explore the endless potential this property holds. Secure your future with this lucrative investment opportunity!

Property Type
Mixed Use
Stand Size
970m²
Building Size
399m²
Covered Parking
4
Open Parking
6
Rates & Taxes
R4,000
Fibre Internet
Yes
Covered Parking
Yes
Garden
Yes
Reference
2368497
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R68,821
Home loan repayment
R64,821
Rates and taxes
R4,000
Utilities
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R0
Property history
Listed for sale at R6,280,000
05 Mar 2025
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