Investment of a lifetime!!!!!

For Sale

Immaculate Commercial Property in Midrand for Sale

 

1) located close Midrand just a short distance (about hardly ½ a kilometer) from The Boulders Shopping Centre.
2) There are seven stands which are all adjacent to one another and are notarialy tied.
3) The land size is 13 925 m2 and with 5 766 m2 of buildings.
4) The zoning allows for offices, light industry, manufacture, places of worship and education purposes. Further detail on the zoning can be provided.
5) The buildings comprise offices, warehouses, meeting rooms, conference facilities and workshops including a toddler day care center, gym, sauna, squash/ paddle tennis court. Dry walls have been used in a lot of the buildings which facilitates relatively simple changes to be made. The properties have beautifully established and easy to maintain gardens and ponds. The properties lend themselves to a variety of uses.
6) There are four large covered parking lots. There is a 150 KVA standby generator installed in case of power failures.
7) Two of the buildings are let out at the moment but both leases have a two month notice period. The properties are held in the names of 5 CC’s of which the seller is the sole member and the buyer can either buy out the member’s interests in the CCs which will save on the transfer duties or buy the properties out of the CCs. There is nothing else in these CCs other than the properties.
8) The stands surrounding the properties are single stands of +_ 2 000 m2 each which may be able to be purchased if a buyer is interested in buying the whole block. The whole block is +_ 23 000 m2 of which the properties being sold comprise just under 14 000 m2.
9) The seller is ideally interested in selling the whole property; but consideration might be given to sell the various properties separately. Although, l must stress, is not what the seller is keen to do.
10) Viewing of the properties is done by appointment which is arranged, at least a day before the date.

Price: 57 750 000 ZAR

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