NO TRANSFER DUTY
EXCLUSIVE MANDATETENDER
Web Ref CL35004
Prime Commercial Office Investment – Springs CBD
Prime Commercial Office Investment – Springs CBD
This well-positioned commercial office property in the heart of Springs presents an exceptional investment opportunity, ideally suited for investors seeking stable income with a reputable tenant in place.
The property comprises a double-storey office building with a total gross lettable area of approximately 1,922m², set on an erf size of 2,332m². The building is well-maintained and designed to accommodate professional office use, offering a functional layout across both floors.
A key highlight of this investment is the established tenancy, with SARS (South African Revenue Service) occupying the premises, ensuring strong covenant strength and reliable occupancy.
The property further benefits from 33 on-site parking bays, providing ample parking for staff and visitors — a valuable feature in this area.
Financially, the asset delivers a Net Annual Income (NAI) of R1,047,812.78 per annum, making it an attractive yield-driven investment.
Property Features:
- Gross Lettable Area: 1,922m²
- Erf Size: 2,332m²
- Two-storey office building
- 33 parking bays
- Blue-chip tenant: SARS
- Net Annual Income: R1,047,812.78
The property is offered on tender, presenting a rare opportunity to acquire a secure, income-generating commercial asset in a well-established business node.
For further information or to arrange a viewing, contact us today.
This well-positioned commercial office property in the heart of Springs presents an exceptional investment opportunity, ideally suited for investors seeking stable income with a reputable tenant in place.
The property comprises a double-storey office building with a total gross lettable area of approximately 1,922m², set on an erf size of 2,332m². The building is well-maintained and designed to accommodate professional office use, offering a functional layout across both floors.
A key highlight of this investment is the established tenancy, with SARS (South African Revenue Service) occupying the premises, ensuring strong covenant strength and reliable occupancy.
The property further benefits from 33 on-site parking bays, providing ample parking for staff and visitors — a valuable feature in this area.
Financially, the asset delivers a Net Annual Income (NAI) of R1,047,812.78 per annum, making it an attractive yield-driven investment.
Property Features:
- Gross Lettable Area: 1,922m²
- Erf Size: 2,332m²
- Two-storey office building
- 33 parking bays
- Blue-chip tenant: SARS
- Net Annual Income: R1,047,812.78
The property is offered on tender, presenting a rare opportunity to acquire a secure, income-generating commercial asset in a well-established business node.
For further information or to arrange a viewing, contact us today.
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
1,922m²
Land Size
2,332m²
