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Lady Grey, Commercial sale
Private seller. I have 10 offices plus two large store-rooms for sale - currently in a VAT-registered cc and in the process of being transferred into a VAT-registered Pty Ltd (one director, 100% of the shares may be purchased, newly set up with no other assets). Prices for individual units will be at R12 500/m2; and R10 000/m2 if bought as one lot. Gross yield is 15,72%; nett 10,55% (levies were increased to R31/m2 from R20/m2 to cover refurbishment of three lifts). Once the levies revert to R20/m2 (the norm in the area), then the nett yield will be 11,95%. All offices renovated, newly painted, and carpets cleaned. All offices are fully air-conditioned (occupants control the settings); and high-speed fibre is available. Rentals include water, rates and levies, but excludes electricity which is on pre-paid meters. Controlled access with security guards. Parking is available at Wamakers Square / Phillips Square adjacent to the building. Three of the 10 offices have just been let at R125/m2. I am prepared to sign a headlease for 12 months at R150 000/m (R1 800 000/year). Sizes currently available range from 26 to 581 m2. Basement: two storage areas of 12m2 each. Second floor: 26; 49; 113 m2 Third floor: 34; 40; 54; 55; 126 m3 Fourth floor: BONUS!!!! 581m2 currently making up two huge offices is subdivisable. I am in the process of re-submitting previously approved and now lapsed plans to enclose and double-storey about 250m2 plus possible triple-storey of about 100m2 - this could add 300 to 350m2 (not included in the yields and prices!). The Towers is on the corner of 333 Main, Lady Grey, Nantes and Fabriek Roads. It is the tallest building in Paarl, is in the central business district and and is within walking distance of restaurants, shops, Pick ’n Pay, Woolworths, Virgin Active,etc. Please note that I am not selling the entire building!
Paarl , Cape Winelands
10,000 R
Scan the QR code as some platforms can not accommodate the 3D Showcase. View this property in Virtual Reality on all devices. It feels so real, it is like being there. To view the 3D walk through, visit the Letsmoove website. This property is a rare find. A 3 bedroom Property gem with spectacular views. This artistic hideaway comprise of 3 bedrooms, two en-suites and one with a toilet and washbasin. A nostalgic Karoo style interior finishing lend to the rural tranquil feel of the property and are equally complimented by the romantic setting of the property, embraced by majestic mountains on both sides. The large lounge and dining area feature traditional reed decorative ceilings and a large fireplace. The farm style kitchen is stealing the show with its pleasant work island and seating arrangement and several skylights flooding the kitchen with natural light. The informal seating area and coal stove are perfect for cosy evenings or when the snow visits Lady Grey for it's annual magic touch. A large art studio /workshop leads out of the kitchen and can be utilised for a variety of different purposes. It also features a fireplace and the benefit of natural light due to the skylights. The back of the house opens up on a lovely veranda, with even its own vine/ pergola. The property has two outbuildings. Both build in the traditional sandstone architecture. One of them is converted into a quint little holiday cottage, with a kitchen, double and single bed as well as a shower room. The second sandstone building is currently used as a storeroom and will require some structural repairs before it can be turned into a similar cottage. Included in the sale are two adjacent plots of land which stretch right up to the seasonal river and the foot of the mountain. This unspoilt plot of land have a wide variety of fruit trees from an old orchard but also have many indigenous and invader species growing there. Being in the shadow of the towering mountains offer postcard views and have huge potential for outdoor entertainment or eco tourism. Visits from the local baboon tribes and other local wildlife are common throughout the year. This property is the gateway to the famous Joubert's pass and Lady Grey Mountain dam/reservoir. Daily walks on this popular tourist route are almost out of a fairy-tale. The property also benefits from a borehole and fresh water supply, which is a huge advantage during the dry season. Scan the QR code as some platforms can not accommodate the 3D Showcase. View this property in Virtual Reality on all devices. It feels so real, it is like being there. To view the the 3D walk through, visit the Letsmoove website. House Property Type For Sale Listing Type R 898 000 Asking Price 3 Bedrooms 3 Bathrooms 2 Garages Living Rooms 0 m² Living Area 0 Price/m² R 645 Rates & Taxes Yes Garage Yes Pet Friendly
Eastern Cape Lady Grey,Eastern Cape,Eastern Cape,Lady Grey
3 rooms
898,000 R
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