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Description

Unlock office potential from its current Business4 rights, similar to next door property achieving good rental with great yield. Further value in this high visibility property exists in exploiting Joburg corridor development densification plans – neighbouring property redeveloped into 4 unit townhouse complex

Prime LOCATION on main arterial from Rosebank to Cresta,the Wealthy West and beyond Convenient LOCATION – gateway to the Parks from Cresta opposite the prestigious Greenacres Office Park. Close LOCATION in proximity to Greenside Mosque. Central LOCATION with easy access to Emmarentia, Greenside and Parkhurst’s trendy 4th Ave. BONUS – Plan (re-)development while receiving rental income, currently R25,8k pm

Pertinent Features include: Income generator, zoned Business4 +-210m2 3bed house plus 2 cottages (+-55m2&75m2, totalling +-340m2) fully let with current total income R25,8k. Well priced: Neighbouring property was bought for R3,62m in 2016 ample off-street parking If you are looking for visibility, development, position and investment potential, you need to book your appointment to view this property today.

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Details

Updated on October 5, 2020 at 4:34 pm

  • Reference #: 1246222
  • Price: R3,100,000
  • Suburb / Town: Johannesburg
  • Property Type: Office
  • Building Size: 340 ㎡
  • Stand Size: 1088 m²

Additional Features

  • Office Size:210.00m²
  • Parking Open Size:10m²
  • Mandate Price:total gross price
  • Floors:1

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