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R 14 500 000

Commercial Property for Sale in Brandwag

5 Nobel Street, Brandwag, Bloemfontein

1 526 m²

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Upmarket office block available.

This very modern office block is situated 200 meters from the UOFS main gate in a prime business area of Bloemfontein. It offers 1526 sqm of rentable space consisting of two levels and is in flawless condition. The return on investment at this price is approximately 12% based on the existing and potential rental income. Currently, the ground floor is fully rented out. Details of this rental contract will be provided to serious buyers. Currently, the second floor is vacant, but the seller will sign a head lease agreement for R1,020,000.00 for one year and payable upfront on transfer of the property to the new owner. This will safeguard the new owner from empty rentable space and allow him to seek new tenants. The other possibility in the case where a new owner will occupy the first floor of the building the asking price could be lowered from R14,500,000.00 to...

The first floor consists of 16 spacious offices including a large office and reception space for the CEO. There is also ample open space in working areas as well as three boardrooms, Two kitchens, document storage and normal storage space. There are four-bathroom facilities servicing this area. The ground floor is tenanted and depending on your configuration needs could have the same number of offices etc. There is also a communal braai area. All the offices are airconditioned with either a central air-condition system and/or separate air-conditioners.

The seller is VAT registered and therefore the asking price is VAT excluded. However, if a new owner is also registered for VAT the transaction could be zero-rated.

Summary of amenities.

In the case where the new owner wants to occupy the whole property and subject to his/her configuration needs the following could apply:

32 offices;

7 toilets and bathrooms;

4 board rooms;

3 reception areas;

Ample storage and record filing areas;

2 Kitchenettes;

30 basement parkings;

16 outside parkings;

Secured entrance;

security cameras;

communal braai area.

This is a very good opportunity to obtain a top of the range investment property at a very realistic price. Please contact us for a guided tour.

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Property Overview

Listing Number

114405396

Type of Property

Commercial Property

Street Address

5 Nobel Street, Brandwag

Description

Office, Distribution Centre

Listing Date

15 May 2024

Erf Size

5 283 m²

Floor Size

1526 m²

Rates and Taxes

R 37 642

Zoning

General Business

Facilities

Bathrooms

Communal bathrooms, Executive bathrooms, In unit bathrooms

Board Rooms

Internet Port, Wifi

Kitchens

Offices

Balcony, Air Conditioner, Blinds, Internet Port

External Features

Parking

30 underground and 16 guest parkings.

Secure parking, Underground parking, Visitor parking

Building

Gross Lettable Area

1526 m²

Building Grading

AAA Grade

Multi Tenanted

Yes

Style

Architect-designed

Facing

North, Street Front, Above Road

Wall

Brick, Plaster

Window

Aluminium

Standalone Building

Yes

Number of floors

Other Features

Security

Electric Gate, Alarm System, Closed Circuit TV, Burglar Bars, Electric fencing, Perimeter Wall, Safe

Temperature Control

Air Conditioning Unit

Nearby Public Transport

Bus, Minibus Taxi

Internet Access

Fibre

Points of Interest

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