3,132m² Building For Sale in Century City

R67,000,000

21 Boundary Road

Web Ref No CL1616

Building In Century City FOR SALE With A Great Return Rate

Investment opportunity in the heart of Century City with the chance to acquire 4071m² of prime commercial space. Situated in a vibrant business district, this property boasts an impressive 95% occupancy rate, ensuring a steady flow of rental income. With a remarkable return rate of 10.5%, investors can anticipate robust financial gains. The property's EBITDA stands at an impressive R12,194,024.00, reflecting its strong revenue generation potential.

Furthermore, the property's rental value of R116,133,558.00 underscores its value proposition in the market. Featuring a total of 132 parking bays, this offering caters to the practical needs of tenants and enhances the property's appeal. Documents including the title deed, zoning certificate, floor plans, and multiple account are readily available upon request, offering transparency and confidence to potential investors.

Features

Zoning Commercial
Monthly Rates R70,000.00pm Excl. VAT
Monthly Levy R25,000.00pm Excl. VAT
Floor Size 3,132m²
Land Size 4,071m²
Security Yes
Air Conditioning Yes