R 5 995 000

Commercial Property for Sale in Berea

Berea, East London

1 015 m²
- m²: 1 015 m²
- Hectares: 0.102 ha
- Acres: 0.251 acres

Sell Sure Properties exclusive mandate Prime position investment in Berea.

Introducing an exceptional investment opportunity in the heart of Chamberlain Road, Berea: a high-profile prime location commercial building that is now available for sale via Sell Sure Properties as an exclusive new mandate. The property is held in a VAT registered entity and the price shown is exclusive of VAT.

This property boasts a fully let gross letting area of 775m2, situated on a large erf measuring 1015 square meters.

The commercial building is strategically positioned in one of the most sought-after areas in Berea, offering excellent visibility and easy accessibility. Its prominent location ensures high levels of foot traffic and exposure, making it an ideal investment for those seeking a thriving business environment.

With a fully let gross letting area of 775m2, this commercial building already generates a substantial rental income, providing...

Introducing an exceptional investment opportunity in the heart of Chamberlain Road, Berea: a high-profile prime location commercial building that is now available for sale via Sell Sure Properties as an exclusive new mandate. The property is held in a VAT registered entity and the price shown is exclusive of VAT.

This property boasts a fully let gross letting area of 775m2, situated on a large erf measuring 1015 square meters.

The commercial building is strategically positioned in one of the most sought-after areas in Berea, offering excellent visibility and easy accessibility. Its prominent location ensures high levels of foot traffic and exposure, making it an ideal investment for those seeking a thriving business environment.

With a fully let gross letting area of 775m2, this commercial building already generates a substantial rental income, providing investors with an immediate return on their investment. The property's current tenant occupancy adds stability and security to the investment, making it an attractive proposition for those looking for a reliable income stream.

Furthermore, this prime location commercial building offers plenty of potential for maximizing returns. The spacious erf of 1015 square meters provides ample room for expansion or redevelopment opportunities. Investors can explore various options to enhance the property's value, such as adding additional floors, renovating the existing structure, or even exploring mixed-use development.

Considering the ever-increasing demand for commercial space in Berea, this investment holds tremendous growth potential. The vibrant and affluent surroundings attract a diverse range of businesses, ensuring a steady stream of prospective tenants in the future.

By leveraging the property's prime location, sizeable gross letting area, and development potential, investors can capitalize on the high returns and unlock the best use of this commercial building. Whether you are seeking immediate rental income or long-term appreciation, this investment offers a compelling opportunity to make the most of the Berea commercial property market.

Act now and seize the chance to acquire this prestigious commercial building on Chamberlain Road, Berea. Contact us today to discuss further details and arrange a viewing. Don't miss out on this rare chance to secure a lucrative investment with substantial potential for growth and success.

Property Overview

Listing Number

112705111

Type of Property

Commercial Property

Description

Office

Listing Date

25 May 2023

Erf Size

1 015 m²

Rates and Taxes

R 16 885

Points of Interest

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