R6,200,000

Office for sale in Century City

200m²
200m²
200m2 Investment Opportunity - Available For Sale In Century City

This first AAA grade office is available for sale as a going concern with a strong tenant in the tourism industry in place.

The property creates a great investment opportunity, sitting in the ideal size bracket of 200m2 with ample basement parking and 2 additional open parking bays available.

The building offers a back up generator, access control, and fibre infrastructure.

Investors can enjoy a good net yield of approximately 9%.

Century City has seen a huge recovery since the Covid pandemic, achieving precovid vacancy rates with a shortage of premium grade stock. This is the ideal time for investor to enter the market and enjoy in higher yields.

Property Type
Office
Stand Size
200m²
Building Size
200m²
Covered Parking
1
Open Parking
1
Rates & Taxes
R1,000
Levy
R1,000
Fibre Internet
Yes
Covered Parking
Yes
Reference
2210723
Grade
AAA
Property history
Listed for sale at R6,200,000
23 Jan 2024
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