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R19,000,000 | 475m² Building For Sale in Bulwer

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Well located Building "For Sale"

Kopp Commercial is pleased to offer you this prime property investment opportunity. Building situated across from Davenport Centre.

Property Features:
Size: 316 sqm (First Floor)
Access: Shared ground floor entrance with 2 aluminium double doors
Vertical Access: 2 elevators and staircase
Parking: 9 secure undercover parking bays included
Facilities: Shared entrance foyer (including ATM area), and separate toilet facilities

Rental Details:
Asking Rental: R90,000.00 per month (Excluding VAT and utilities)
Rental Escalation: 7% per annum

Additional Information:
Unit is fitted with a separate electricity meter
Tenant is permitted to install backup power
Building is approximately 9 years old

Tenancy Overview:
Standard Bank is an existing tenant in the building, currently in their 9th year of occupation
They have recently downsized, making this 316 sqm space available
Standard Bank has committed to a further 3-year lease and has indicated intention to renew again upon expiry on 30 September 2027

For more information or to view, contact Themba.

Looking for Space in and around the Glenwood area contact Kopp Commercial today and let us find your ideal Premises for your office/ retail business requirements. Alternatively, should you have premises to let or for sale, contact Kopp Commercial to assist you in finding a suitable TENANT/PURCHASER.

Features

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Zoning
Commercial
Exterior
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Sizes
Floor Size
475m²
Themba Letlaka
Themba Letlaka
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Disclaimer:  While every effort will be made to ensure that the information contained within the Kopp Commercial website is accurate and up to date, Kopp Commercial 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.