Offer in Progress – Investment Office Park at 66 Alexandra Rd and 67 Alice Street King Williams Town.
DATE: 16 July 2014
TIME: 10:00 am
VIEWING: By Appointment, or 1 Hour before auction.
Follow our pointers from traffic lights corner Alexandra and Maitland Road
Rare investment office park not to be missed, scintillating position.
This valuable and high visibility property in mint condition is situated on the main road through King Williams Town and extends right the way through to Alice Street, giving access from both streets.
The property is zoned Business zone 4 with 8 self-sufficient office suites, each with own ablutions and kitchenettes, pre-paid electricity meters and sub water meters.
Building size 673m2, GLA 598m2, 22 parking bays, 9 being shade ports, it’s all paved, off street and secure with controlled access.
You will appreciate the tasteful A-grade office specifications with air-conditioning, spacious reception areas, open-plan offices, boardrooms, director’s offices, strong rooms, exterior cladding and the contemporary look and feel of this fine building.
Extras to be included in sale –
- Fire compliance certificate for 2014,
- CCTV System &
- 2 magnificent reception desks
Seller will provide wiring & bore certificate. The property will come vacant and the sale will constitute a VAT-able transaction. Income for the 12 months : 1 July 2013 – 30 June 2014 = R862 397, 00.
* Note – Suite 5 was vacant for 7 months during this period & suite 7 & 8, comprising 61m2 is owner occupied.
A great buy for the astute investor, we look forward to your interest.
TERMS: 5% DEPOSIT, AUCTIONEERS COMMISSION & ADVERTISING COSTS PAYABLE ON DAY OF SALE.
Full terms & conditions of auction available for inspection.
Contact: Justin Rohtbart for particulars. 114 Moore Street, Quigney, East London.