Investment Property - Westville Office Block

R10,260,000.00

Westville, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP4672
Asking Price : R10,260,000.00
Ownership : S/Title
Building Size : 838m²
Parking : Yes


Description

This sectional title office block is situated in a sought after office park in Westville with good visibility and easy access to the M13. Four office blocks are located within Surrey Park of which two have been sold. Each block is approximately 850sqm. This block is fully tenanted by a single tenant making for a fantastic investment opportunity offering a yield of approximately 10%. The park has a generator allowing full power to all electrical equipment during any power outage. Fibre optics are available to these A Grade offices.

For detailed information regarding incomes and expenses please contact me.

Net Income: R1 026 244
Yield: Approximately 10%

Matt Hayter 082 569 1765
[email protected]

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Contact the Agent

Matthew Hayter » ++27 82 569 1765
[email protected]

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Please Note Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.

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