- 414 m2
- 7 117 m2
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Mun. Rates & Taxes: ZAR 1687.00
This Unit 1 is sharing a stand, governed by a sectional title with two other units, in 11 Brick Road George industrial.
It is a neat Unit comprising +/- 425 m2 in size plus outside parking space for several vehicles. Currently it is mainly being used as the offices of a strong telecommunications service provider in the Eden region.
The current tenant has indicated its intent to stay on and to renew its lease agreement by either 3 or 5 years. They do however require certain extensions and improvements to the property. Plans already exist for a further extension but will have to be adjusted and approved again.
A new investor is now required to buy this property and bring about the required changes. The expected ROI should be quite good.
This will be a VAT transaction – VAT still to be added.
- 4 Full Offices and 16 Working Desks
- Toilets- 4
- Store Rooms