R3 000 000 | 156 m2 @ R19230 per m2
View more unitsAn excellent sectional-title investment in the sought-after Northgate Office Park, Paarden Eiland. This 156m² unit is leased to a national tenant at R23,500/month with a lease in place until July 2027, delivering secure, predictable income in a professionally managed and access-controlled park. Ideal for buyers seeking stable returns in Cape Town’s thriving commercial and industrial node, with low carrying costs and strong tenant covenant.
Property Features:
Size: 156m² sectional-title office unit
Income: Tenanted at R23,500/month
Lease term: In place until July 2027
Sale price: R3,000,000 (VAT/T&C’s to confirm)
Monthly rates: ±R1,800
Monthly levy: ±R4,500
Please view the video and contact EJ for further information or to arrange a viewing.
Anvil Property Smith – organising a viewing or more details.
Northgate Park is a business park showcasing available warehouse space to let in Paarden Eiland with fantastic security and easy access. There is moderate truck articulation on the wide roads and many of the units have their own yards. This warehouse property is ideally situated within walking distance to all necessary amenities and public transport facilities while being easily accessible from Northgate Estate, granting effortless passageway onto Paarden Eiland Road, Marine Drive, the M5 & the N1 Highway. Surrounding industrial & commercial nodes to Paarden Eiland, sees: Century City, Milnerton, Marconi Beam, Montague Gardens and Killarney Gardens.
Internet
Security
Wheelchair Friendly
In Park
Natural Ventilation