346m² Office For Sale in Vincent

R3,400,000

Web Ref No CL3675

Prime Commercial Investment on Western Avenue – High Return on Investment

An exceptional investment opportunity awaits in the heart of Vincent, East London. Located along the high-traffic Western Avenue, this well-maintained commercial property offers four fully tenanted office suites with approved plans for a fifth, providing immediate rental income and excellent future growth potential.
Property Highlights:
• Total Office Space: 346m² across four units
• Zoning: Business 4 (non-medical)
• Current Rental Income: ± R40,000 to R65,000/month (excl. VAT), depending on lease terms
• Approved Development: Plans for an additional 50m² office suite (Unit E)
• ERF Size: 1012m²
Office Suite Breakdown:
• Office A (130m²): Reception/waiting area, 4 spacious offices, kitchen, and toilet
• Office B (130m²): Identical to Office A
• Office C (36m²): Reception, 1 large office, kitchen, and toilet
• Office D (50m²): Reception, 3 large offices, kitchen, and toilet
• Future Office E (Approved, 50m²): Planned reception, 3 offices, kitchen, and toilet
Key Features:
• Fully Tenanted with sound lease agreements in place
• High Visibility & Easy Access, near Vincent Park Mall and N2
• Secure Off-Street Parking for 14 vehicles
• Each Unit Features: Private kitchenettes, ablution facilities, air conditioning, alarm systems, prepaid electricity meters
• Flexible Layouts: Suitable for a range of professional tenants
• Strategic Location: High foot traffic and excellent exposure
• Development Potential: Expansion approved for additional income-generating space
This fully let commercial property is ideal for investors seeking a reliable income stream, low maintenance, and capital growth potential in one of East London’s most desirable business districts.