Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.

R 4 500 000

Commercial Property for Sale in Cape Town City Centre

5 St Georges Mall, Cape Town City Centre, Cape Town

558 m²

Contact Broker

Matthew Miller

Show Contact Number

Incredible Deal Possibility 11% Net Yield

5 St Georges Mall has A Grade offices and is located in the very cusp of Cape Town's Business Hub, colored by Cape Town's unique culture. Surrounded by blue chip companies, shopping centres, banks, restaurants, 1 min away from the MyCiti Station, 5 min away from the Waterfront and N1/N2 Highway. It also has 24 hour access and security.

This modern A Grade office for sale in the Cape Town City Centre comes at a great price with a high net yield of over 10%. The space has a new and modern fit out and a long term tenant.

The office comes with a reception, fitted boardroom, multiple meeting rooms and glass partitioned offices as well as a fitted kitchen and pause area. There is also air conditioning, natural sunlight throughout and storeroom and server room space. The office also comes with 6 parking bays. Rates and taxes is R 6138 and levies are between R50-R55 per...

Listing number: P24-114289319, Image number: 1

Listing number: P24-114289319, Image number: 2

Listing number: P24-114289319, Image number: 3

Listing number: P24-114289319, Image number: 4

Listing number: P24-114289319, Image number: 5

Listing number: P24-114289319, Image number: 6

Listing number: P24-114289319, Image number: 7

Listing number: P24-114289319, Image number: 8

Listing number: P24-114289319, Image number: 9

Property Overview

Listing Number

114289319

Type of Property

Commercial Property

Street Address

5 St Georges Mall, Cape Town City Centre

Listing Date

17 April 2024

Lease Type

Fully Serviced Lease (Gross Lease)

Gross Price

R 4 500 000

Availability Date

17 April 2024

Erf Size

558 m²

Floor Size

558 m²

Levies

R 55

Rates and Taxes

R 11

Zoning

General Business

Floor Number

Facilities

Bathrooms

Communal Bathrooms

Cleaning service, Communal bathrooms

Board Rooms

Fitted Boardroom

Kitchens

Fitted Kitchen

Sink

Office

Domestic Rooms

Reception Rooms

Truck Access

Small Trucks

External Features

Parking

Basement Parking

Single parking, Underground parking

Secure Parking

Building

Building Name

5 Saint Georges Mall

Gross Lettable Area

558 m²

Building Grading

A Grade

Multi Tenanted

Yes

Number of floors

Power Availability

Single Phase

Other Features

Nearby Public Transport

Bus, Train, Minibus Taxi

Internet Access

Fibre

Wheelchair Accessible

Yes

Generator

Yes

Backup Water

Yes

Points of Interest

Bond Calculator

*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.