Tyson Properties have been entrusted with this exceptional opportunity FOR SALE in New Germany.
Location: Prime area off Escom Road, New Germany
Accessibility: Easy access to M19 and M13 plus public transport, ideal for staff commuting
Property Overview:
Size: 1600 sqm of 'stand-alone' office space
Parking: 46 allocated parking bays (open and undercover, each generating an additional net income of R400.00 per bay
Structure: Three levels with varied office configurations and rental incomes
Features:
- Each level equipped with its own kitchenette and ablution facilities - Existing lease agreements in place, ensuring a steady monthly rental income - Secure, fully fenced, and gated property with on-site security - Excellent condition; no renovations needed
Investment Potential:
A perfect fit for businesses looking to occupy or rent out the ground floor while benefiting from rental income from the upper levels. This property represents a rare opportunity to invest in a high-demand area with strong income potential.
Pinetown is a middle to upper class suburb situated between Westville and Kloof. It was originally established around the Wayside Hotel in 1850 as this was a stop-off point along the main wagon route between Durban and Pietermaritzburg. It was named after the Governor of Natal at the time, Sir Benjamin Pine.
The area used to be perceived as a light industrial town but in recent times this has changed and Pinetown...
More Info
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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.
