Positioned in the heart of the CBD, this well-maintained commercial property presents an excellent opportunity for investors seeking immediate rental income with future growth potential.
Situated on a **1,455 m² stand**, the property offers approximately **785 m² of lettable office space**, divided into four independent units designed to accommodate multiple tenants.
Three of the four units are currently leased, generating a **monthly rental income of R78,500**. The fourth unit is available for occupation and has the potential to generate an additional **R14,350 per month**, increasing the total potential monthly rental income to **R92,850** once fully let.
Each unit is separately fitted with **prepaid electricity and water meters**, allowing tenants to manage their own utility costs while reducing the administrative burden on the owner.
An added advantage is that **no VAT is applicable**, as the property is being sold as a **going concern**, making the transaction attractive for qualifying buyers and helping to simplify the acquisition process.
For investors, this property offers:
* **1,455 m² stand**
* **Approximately 785 m² of lettable office space**
* Four separate office units
* Current rental income of **R78,500 per month**
* Potential total income of **R92,850 per month** when fully occupied
* Prepaid electricity and water for every unit
* Established tenants already in place
* Opportunity to improve returns by leasing the vacant unit
Whether you're expanding an existing commercial portfolio or looking for an income-producing property with strong fundamentals, this CBD investment offers immediate cash flow and the opportunity to enhance your return on investment through full occupancy.