Next Level Properties is proud to offer this AAA grade office block for sale to either an end user or an investor.

Situated within Westway Office Park which is right next door to the Westville Hospital and the Pavilion Shopping Centre.

The offices are mostly open plan making it ideal for any call center.

The building has a back-up generator linked to a UPS system for seamless change overs as well as 80,000 litre's of back-up water supply.

Total building size - approx. 3051m2
130 parking bays (mostly undercover)

Current Tenant - The Unlimited
The tenant will consider either moving out at an agreed time or if required will sign a lease.
Current monthly rental income - R630,000 p/m plus vat which includes the parking bays and security.
Expenses:
Rates - R120,000 p/m
Levies - R14,000 p/m
Insurance - R8,000 p/m
Other approx. R10,000 p/m

At R47,000,000 this would give an investor around a 12% return.

NB* Selling price is exclusive of vat.

Call Paul for an exclusive viewing.