Great Investment With Tenants And Rental
updated on Apr 01, 2021
POA

WEB REF: 519176

 
  • Price POA
  • LocationPaarl, Lemoenkloof
  • Property TypeCommercial - Office
  • Erf Size1287 m2
  • Rates & Taxes R 9009
  • Monthly Levy R 29472.23
Description

Accepting Offers Description: The Towers on the corner of 333 Main Road, Nantes, 4 Fabriek and Lady Grey Street is the tallest building in Paarl (which was recently declared a city and with 190 000 inhabitants is the second biggest city in the Western Cape). The Towers is in the central business district and is within walking distance of restaurants, shops, Pick ’n Pay, Woolworths, Virgin Active, etc. There is controlled access with security guards. Three lifts have recently been replaced; each floor has male and female bathrooms as well as a modern kitchenette. All offices are fully air-conditioned (occupants control the settings), with pre-paid electricity meters. All offices renovated, newly painted, and carpets cleaned. Fibre was brought to the building in the last quarter of 2018. • A Grade offices • 1287 m² total • Two store rooms of 10m² each. • 13 offices • Ample parking • Rentals in the area are R125m² to R165/m² • 16% Guaranteed yield; R175 000 per month rental guarantee (via headlease) for 12 months Details: • Sectional scheme name: SS The Towers • Sectional scheme no: 378 / 2008 • SECTIONS: 68; 69; 73; 75-84 & STORAGE UNITS 8 & 9 • Rates p.m.: ± R9009 • Levies: R29 472.23

Additional Features
      Property Address

      333 Main Road Lemoenkloof Paarl

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