R5,500,000

R5,500,000

766m² Building For Sale in North End
Covered
Open
No Transfer Duty
Andre Goosen

WELL KEPT COMMERCIAL PROPERTY WITH LONG TERM TENANTS!

Web Ref. ELO-CS00028
Land size 1325.00 m²
Floor size 766.00 m²
Monthly Bond Repayment
R54,466.02
Immaculate commercial property in North End East London! The property generates two rental incomes at present (3 year leases) or it can be used as an owner occupied property with additional rental income. The property is located in a cul-de-sac and has exposure to the busy North West Express Way. There are two well-kept buildings on the property and there are under cover parking for 5 vehicles within a secure yard. There is plenty of street parking in front of the buildings in the cull-de-sac. The front building has an open plan reception / receiving area (with entrance and roll up door), office and small store room. It is ideal for a retail trading business or warehouse (168sqm). The back building of 598sqm, has two stories. At the bottom there is a 300 sqm warehouse with a staff change room/toilet/shower, a reception with seating, large office, kitchen and separate toilets. On the first floor there are 4 offices, boardroom and a toilet. At the back of the building is a car wash and storage space. Vehicle access from the front and back of the building. The property is secured with boundary walls, an access gate, alarm system and CCTV.

Features

Zoning
Commercial
Interior
Airconditioning
1 Kitchen
1 Boardroom
Sizes
Land Size 1,325 m²
Floor Size 766 m²
Parking Bays
5 Covered Parkings
5 Open Parkings
Additional Amenities
Building Grade: A,
Power Availability: Three Phase,
Power Details: BCM,
Number Of Floors: 2,
Number Of Roller Shutter Doors: 5,
Height Of Shutter Doors: 3.75,
Roof Height: 6,
It's a Standalone Building,
It's a Multi Tenanted Building
Listing Info
Date Listed 08-08-22
Time Listed 12:33

North End, East London

East London real estate can be found at the northern end of a 300 kilometre stretch of coastline known as the 'Sunshine Coast', and is renowned for its great expanses of beautiful un-crowded beaches. Sleepy seaside towns and villages create a picturesque setting along river mouths, leading to long stretches of golden sands which makes the area very appealing to surfers, swimmers and sun-worshipers. The property in East London is some of the most sought after real estate in South Africa.Our shores are lapped by the warm waters of the Indian Ocean, and having a sub-tropical climate makes this region a sought after tourist destination for International tourists and local South Africans. Mdantsane, a vibrant township on the outskirts...
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