11,379m² Building For Sale in Windermere

R62,000,000

Web Ref No CL1467

VIRTUAL ON SHOW LISTING - CONTACT THE AGENT FOR MORE DETAILS

COMMERCIAL BLUE CHIP INVESTMENT OPPORTUNITY

Building comprises a mix of tenants from retail, offices and warehousing. Anchor tenants are Massmart and Masterparts. Leases till 2024. GLA of 11397 sqm. 4 storey modern building with low maintenance. 3 road frontages. The main road frontage being Umgeni Road. There are 68 open parking bays and 77 under cover parking bays with 10 visitors/loading bays.

Good security. Located right in the heart of the CBD in busy Umgeni Road opposite the train station and Home Affairs. Next to City View Shopping Centre on busy bus and taxi route. Full financial details available to a approved investors. Blue chip investment with above average income. Viewing can be arranged discreetly by appointment. Calling all large investors. Do not miss this opportunity.

Features

Title Freehold
Open Parkings 78
Building Name J T Ross Building
Zoning Commercial
Covered Parkings 77
Monthly Rates R110,000.00pm Excl. VAT
Floor Size 11,379m²
Land Size 12,398m²
Power 3 Phase Yes