SHOWING LISTING 1 OF 1
 
GET EMAIL
ALERTS

R3,300,000

Monthly Levy
R3,500 Excl. VAT
Monthly Rates
R2,200 Excl. VAT

380m² Building For Sale in Lonehill

This excellent commercial investment property situated in the heart of Lonehill, as a free-standing building in an office park with 24-hour security offers extremely attractive work-spaces with ample secure parking for staff and for clients. More than 10 workspaces depending on the configuration - with a beautiful reception area and a spacious boardroom.

The tenants are more than 1 year (September) into a 5-year lease - so there will be 4 years or less left for the new owner.
The current rental is R21 000 month with escalations over the lease period.
The tenants pay all expenses - including the levy, water and electricity and the garden and pool and general upkeep is their responsibility.
The new owner will only need to pay rates and taxes of approximately R2200 / month.

- The office was recently renovated
- 3 offices and the board room have air conditioners,
- 2 full bathrooms - one en-suite for the executive suite.
- There is a beautiful, bright reception - with large windows showcasing the pretty garden with a sprinkler system.
- Swimming Pool.
- Large board room off the reception area - or can be used as offices.
- There is room to expand and build a 2nd story the size of the current building so you can actually double the space and design it with separate entrances.
- 3 different entrances so potentially you can have 3 different tenants in the building.
- 4 undercover parking bays and room for 4 other cars (8 parking bays in total)
- 24-hour security which is included in the levy - the levy is R3500 per month - which is paid by the tenants as part of the lease.
- Fibre/internet infrastructure.
- Full kitchen with granite counters, a stove and fittings for 2 appliances and a further space for a fridge.
- Back staff chilling area

Features

6
2
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
380m²
Land Size
580m²
Parking Bays
Covered Parking Bays
6
Open Parking Bays
2
Extras
This excellent investment property comes with a tenant with 4 years to go on the lease
 
  • 1
 

Get Email Alerts

Sign-up and receive Property Email Alerts of Buildings for sale in Lonehill, Sandton.

Disclaimer: While every effort will be made to ensure that the information contained within the SAProperty.com website is accurate and up to date, SAProperty.com makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

43,154.18

You currently have no favourites.
Click on the favourite icon for a property to add it to your favourites.