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Grow your investment portfolio with a prime Margate CBD address, anchored by established tenants and 19 retail units—featuring a large air-conditioned boardroom and steady income.
INVESTMENT OPPORTUNITY
Include this prime property development in your portfolio. 800sqm
This prime property is in the heartbeat of Margate CBD and a very well-known location with recognized tenants contributing to fixed clientele in the building. The building is in a very good condition and well maintained. The property consists of two levels that is included in the purchase price. The upper level is mainly offices with a reception area, very large, air-conditioned boardroom facilities and more than 9 office spaces. Each office is private, carpeted and air conditioned. There are additional parking spaces also generating income. The upper level is tenanted by n secure tenant at a market related rate.
The lower level is made up with a various contribution of small and bigger shops from Legal entities to spas as tenants. Margate Sands also rent some of the facilities in this section.
This could be purchased as a going concern business saving you on transfer fees as well as other expenses when buying such a large investment. This is a secure and profitable income investment with growth potential.
*19 shops with offices
* Perfect Location
* Fixed income
* Multiple Shops
* Established Tenants
* Low Maintenance
* Well maintained
For More information contact me today. Don`t miss out on this prime investment opportunity.
PLEASE NOTE THE PHOTOS SHOW THE BUILDING, THE BUSINESS OR TENANTS ARE NOT PART OF THE INVESTMENT.
Listed for sale at R4,500,000
Price reduced by 5.6% to R4,250,000
Price reduced by 17.6% to R3,500,000
Price reduced by 14.3% to R3,000,000
Margate Central offers a vibrant coastal lifestyle with convenient access to beaches, amenities, and entertainment, making it an appealing place to live.
* Distances and amenities are approximate.
