Vincent - MR676837

Commercial in Vincent, East London, Eastern Cape

R 3,400,000

... Numbers not adding up?

346m2
1009m2
Vincent - MR676837
Commercial in Vincent, East London, Eastern Cape
R 3,400,000
Commercial for Sale For Sale in Vincent - MR676837
1
×

New Listing

1
 of property in Vincent
2
 of property in Vincent
3
 of property in Vincent
4
 of property in Vincent
5
 of property in Vincent
6
 of property in Vincent
7
 of property in Vincent
8
 of property in Vincent
9
 of property in Vincent
10
 of property in Vincent

There are more photos available of this property, click here to request the agent to release them.
MyRoof has more photos of this property - click here to request the agent to release them

Key Features

Services

  • Rates and Taxes R9512.5 .

More Features

  • Property Type - Commercial
  • Seller Type - Private Property
  • Floor Area - 346m2
  • Erf Size - 1009m2
  • Price per square floor meter - R9,827 per m2
  • Price per square erf meter - R3,370 per m2

MyRoof Stats

  • 18 Views
PID=676837 DID=700893 SID=1

An exceptional investment opportunity awaits in the heart of Vincent, East London. Located along the high-traffic Western Avenue, this well-maintained commercial property offers four fully tenanted office suites with approved plans for a fifth, providing immediate rental income and excellent future growth [hidden] Highlights:â?¢ Total Office Space: 346m² across four unitsâ?¢ Zoning: Business 4 (non-medical)â?¢ Current Rental Income: ± R40,000 to R65,000/month (excl. VAT), depending on lease termsâ?¢ Approved Development: Plans for an additional 50m² office suite (Unit E)â?¢ ERF Size: 1012m²Office Suite Breakdown:â?¢ Office A (130m²): Reception/waiting area, 4 spacious offices, kitchen, and toiletâ?¢ Office B (130m²): Identical to Office Aâ?¢ Office C (36m²): Reception, 1 large office, kitchen, and toiletâ?¢ Office D (50m²): Reception, 3 large offices, kitchen, and toiletâ?¢ Future Office E (Approved, 50m²): Planned reception, 3 offices, kitchen, and toiletKey Features:â?¢ Fully Tenanted with sound lease agreements in placeâ?¢ High Visibility & Easy Access, near Vincent Park Mall and N2â?¢ Secure Off-Street Parking for 14 vehiclesâ?¢ Each Unit Features: Private kitchenettes, ablution facilities, air conditioning, alarm systems, prepaid electricity metersâ?¢ Flexible Layouts: Suitable for a range of professional tenantsâ?¢ Strategic Location: High foot traffic and excellent exposureâ?¢ Development Potential: Expansion approved for additional income-generating spaceThis fully let commercial property is ideal for investors seeking a reliable income stream, low maintenance, and capital growth potential in one of East Londonâ??s most desirable business districts.


What's Next?


Contact Details

Contact the seller directly. Access the seller's e-mail address and phone number.


Save

Save this property to your favourites for later review.


Notify

We will e-mail you when another property of this kind becomes available in Vincent.


Share

Share this property via e-mail or Facebook.


Compare

Compare this property to other properties.


Boost

Boost this property on search results.

Compare x Properties ×