Property Details

A COMMERCIAL INVESTMENT WITH ROOM TO GROW!

An excellent opportunity to acquire a versatile commercial office investment in the sought-after Route 21 Business Park, Irene, Centurion.

Ideally positioned within this established commercial and business hub, this property offers an attractive combination of existing rental income, flexible office accommodation and further potential to increase returns.

PROPERTY OVERVIEW:

The property comprises approximately 300 m2 of commercial office accommodation, divided into several individual office sections.

The offering represents a specific portion of a larger commercial building, accounting for approximately 25% of the overall property.

The office layout provides flexibility for multiple professional businesses, making it an appealing opportunity for both commercial investors and owner-occupiers.

EXISTING RENTAL INCOME:

The property currently generates a combined monthly rental income of approximately R37,000 from four separately tenanted office sections.

This equates to an existing gross annual rental income of approximately R444,000, offering buyers an established income stream from the outset.

ADDITIONAL INCOME-GENERATING POTENTIAL:

In addition to the existing leased offices, the property includes a larger office section previously utilized by the current owner.

This section is intended to become available for occupation, creating an opportunity to secure an additional tenant and potentially increase the property's overall rental income.

Alternatively, an owner-occupier could utilize this space for their own business operations while continuing to benefit from rental income generated by the remaining office sections.

LOCATION AND BUSINESS ADVANTAGES:

Route 21 Business Park is a well-established commercial destination, conveniently situated in Irene, Centurion, with access to major arterial routes, surrounding business amenities and commercial developments.

The location is suitable for professional practices, established companies and commercial investors seeking a presence in a recognised business environment.

AN INVESTMENT OPPORTUNITY WORTH EXPLORING:

Whether you are looking to expand your commercial property portfolio or secure office premises with the added benefit of existing rental income, this property presents an attractive opportunity with future growth potential.

Contact us today to arrange a viewing and obtain further information regarding the property and its investment potential.