Accepting Offers
Description:
This prime fully tenanted investment property is situated in the heart of Cape Town hub and has so much to offer for any investor. Fully let with great income makes this property a prime investment. Long Street in Cape Town is known for the night life, coffee shops, restaurants and the city buzz.
TOTAL INCOME - R1,224,916.00 PA
TENANT 1:
• Lease until 31/08/2028
• Rental R33,390.00 p.m.
TENANT 2:
• Lease until 31/01/2025
• Rental R26,660.00 p.m.
TENANT 3:
• Lease until 31/05/2028
• Rental R37,975.00 p.m.
ADDITIONAL INFORMATION:
Each floor has pre-paid electricity
Each floor has pre - paid water
Rates are fully recoverable - paid pro- rata by tenants
• Gross lettable area - 488m² (3 floors)
• Zoning - General Business 6
• Total site bulk - 841m²
• Bulk available - 395m²
• VAT entity
Details:
• Erf no: 4027
• Erf size: 142m²
Property Address
273 Long Street Cape Town City Centre Cape Town