Excellent investment opportunity - prime location residential and office block

EXCELLENT INVESTMENT OPPORTUNITY – PRIME LOCATION RESIDENTIAL AND OFFICE BLOCK ON CORLETT DRIVE IN THE LEAFY SUBURB OF BRAMLEY

PRICE EXCLUDES VAT

An application for conversion to sectional title, is currently being undertaken.

Eleven office units, with ample parking, situated on Corlett Drive in the leafy suburb of Bramley. The current layout is perfect for conversion into a boutique hotel, residential units, student accommodation or an upmarket B & B.

Consists of two properties – one with business zoning, the other zoned Residential 1 with Consent Use.

Approved plans available.

Current potential rental income: R120 000 – R200 000

The office and residential park is developed over two stands, each measuring 1 487sqm. The property on offer, can be sold as two separate properties or as one property made up of two title deeds.

At a cost of approximately R1 000 000, the current units are sub-divisible into 25 residential units. Additional space available to create storage space for residential units and for a guard house.

MAIN FEATURES:

• 854 sqm buildings
• 2 974 sqm property
• Nine Units differing in size
• Open plan lay-out for versatile use of space
• Designed for maximum functionality
• Parking for 34 vehicles
• Pre-paid electricity
• Fully walled
• Large windows allow for ample natural light
• High speed internet connectivity
• Modern security systems

IN CLOSE PROXIMITY TO:

• Main arterial routes
• Shoppingcentres, educational institutions, upmarket restaurants, medical facilities
• Melrose Arch

Contact agent for an exclusive appointment.