Presenting this amazing fully let commercial property in the sought after central suburb of Vincent.
This large premises is situated on 2 plots. There are 6 separate buildings with their own kitchenette, with a total of 24 rooms and 23 parking bays. Currently hosting a variety of businesses. The erfs are zoned business zone 4.
Suite A: 82 square meters - 3 allocated parking bays. 2 offices, reception, kitchenette, store and ablution facilities.
Suite B & C: 160 square meters. 7 allocated parking bays. 7 offices, kitchentte, 2 stores and ablution facilities.
Suite D: 104 square meters: 4 allocated parking bays. 4 offices, reception, kithentte and ablution facilities.
Suite E: 60 square meters. 2 allocated parking bays. Reception, kitchenette and ablution facilities.
Suite F: 91 square meters. 3 allocated parking bays. 3 offices, reception, kitchenette, store and ablution facilities.
Suite G: 143 square meters. 6 allocated parking bays. 7 offices, reception, kitchenette, store and ablution facilities.
The current monthly income is R 116 000 with long government leases in place.
One of the most sought-after suburbs in East London is Vincent. It is an older well-established suburb with a tranquil atmosphere and the streets are lined with magnificent trees. Its ideal proximity to amenities has not compromised its peaceful surroundings.
As East London expanded, parts of Vincent were converted into business areas, but the municipality has since controlled this due to fears of the road...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
