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400m² Office For Sale in Lynnwood

R4,700,000

492 Dawn
Web Ref No CL4013

NEW DEVELOPMENT opportunity currently earning office rental income

**DUAL MANDATE**

This expansive property is ideally situated in a secure double boomed area. It presents an excellent opportunity for developers seeking land for their next project, or for businesses in need of office space.

Currently, this property generates a rental income of R46,000 per month from two satisfied tenants. This can cover your costs while processing your plans and development approvals.

The property is divided into two main sections: office space and residential accommodation.

The spacious office area spans approximately 200m² and features a reception area, a large open office space, two generous private offices, a small upstairs office, an entertainment/boardroom area, dedicated restroom facilities, storage rooms, a kitchenette, and ample covered parking.

The residential component, also around 200m², includes three spacious bedrooms, two well-appointed bathrooms, a large lounge and dining area, and a modern kitchen complete with a separate scullery. Additionally, there is a separate laundry room and staff quarters with its own bathroom.

The double garage conveniently connects to the office space.

Please reach out to Marius Brandow for a viewing appointment

Features

Zoning Mixed Use
Floor Size 400m²
Land Size 2,197m²

Broker Contact Details

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