3 FLOOR COMMERCIAL BUILDING IN WINDERMERE.

The Ground Floor: Remote Roller Door access with a remote security gate access to the reception area and mezzanine floor office.
Total floor area is 360sqm with 3m height includes 2 separate kitchenettes and 3 separate ablutions with 2 having showers. See pictures 1 to 5

Top Floor: Remote Roller Door 2.5m high with driveway that can accommodate 4 cars/vans.
Total floor area is 540sqm with 3m height includes kitchenette with 3 separate ablutions, no showers. Mezzanine store room a further 2 small store rooms next to the office. Air con in the work area. See pictures 6 to 13
Basement: Remote Roller Door access. Total floor area is 285sqm with 3m height, freshly painted with ablutions. Can accommodate 12 cars/vans comfortably. See pictures 14 & 15
Centrally located near the CBD, Railway, harbour and major Road networks
Rates R16000 per month.
Insurance R900 per month
Maintenance =/-R60 000 per annum.
Currently fully occupied and paying a rental of R66 465 + vat with 8% escalation on the 3 floors less R60 000 for maintenance and R16000 Rates
Giving you a R.O.I of 7%. for 2026
7,5% for 2027
8% for 2028
Price is R7 731 000 . No Transfer DUTY.