Property description

A DYNAMIC SERVICED OFFICE BUSINESS AND PROPERTY | 28 SERVICED OFFICES | MAGNIFICENT DEAL | A MUST BUSINESS OPPORTUNITY

Are you looking for an exciting investment opportunity? New Redruth in Alberton is not only a charming, sought-after area but also a bustling business hub that's waiting for you to leave your mark. Here's your chance to own a serviced office property in the heart of this thriving community.

Discover New Redruth:
New Redruth, located in the heart of Alberton, is more than just a place—it's a community filled with energy and possibilities. This dynamic neighborhood is known for its beautiful streets, lined with greenery, creating a warm and inviting atmosphere for businesses and their clients.

In New Redruth, you'll find a wide range of shops, restaurants, and cultural attractions, making it an ideal location for a serviced office business. The convenience of nearby amenities and easy access to major transport routes add to the appeal of this vibrant area.

Your Future Services Offices Business:

This property is not just a building; it's the canvas for your business dreams. Situated on the second floor, it provides a captivating view of the neighborhood. Elevator access ensures that everyone, from employees to clients, can reach your space with ease!

Safety and Security First:
Safety is paramount. With controlled access and a dedicated security team, you can be assured that your tenants and their businesses are safe and sound. A secure environment fosters a more relaxed and productive atmosphere.

Office Space at a Glance:
With a total office area of 914 square meters, this property offers 28 single offices, of which 28 are currently rented and 2 are available for growth. There's also one office suite ready for use with no vacancies at present.

Long-Term Leases and Reliable Income:
The property is home to long-term leases, with the Association of Cable Manufacturers leading the way with a 12-month commitment. An average lease term of 12 months across the board ensures a steady income stream.

Rental Income and Additional Services:
Not only is the rental income substantial, but it also covers pre-paid electricity. Water and other utilities are billed at a reasonable R20.01 per square meter. Additionally, you can boost your revenue with services like fax, email, printing, and WiFi, offering even more value to your tenants.

Amenities That Delight:
Tenants will appreciate amenities such as 17 covered parking bays and 12 other parking spaces. Coffee, tea, and milk are provided to keep tenants comfortable. The offices are accessible on weekends, and there's an access control system in place for added security.

Investment Protection:
Fire extinguishers were last serviced in October 2023, and air conditioning was last serviced in June 2023.

Communal areas
These including a delightful lapa, offer tenants a place to relax and socialize, adding to their overall experience. Access is available during the daytime, evenings, and weekends, allowing tenants to tailor their workspace to their needs.

Financial Prosperity:
The property's setup, strategic location, and additional services revenue combine to create a strong monthly rental income. This is a fantastic opportunity for both experienced investors and newcomers to the serviced office business.

Seize the Opportunity:
This is your golden chance to acquire a thriving serviced office property in New Redruth, Alberton. The property is primed for success, and its allure is undeniable.

For more details or to set up a viewing, please reach out to us today.

1. Please note that floor plans are not available.
2. This is a VAT Transaction, VAT is payable
3. Transfer duties are not payable, registration and attorney fee's are payable if purchased through a VAT registered Trading Company
4. This property is sectional title, only the second floor and the Terrace Business Centre is for Sale
5. Levies , Electrical Connection and Rates charges are applicable (All information will be provided to interested buyers)