Basement. 238 Parking Bays
Outside Area. 187 Parking Bays
Storeroom. 467 m2
Consist of Three Floors total. 10,557 m2
Could be rented out in its entirety or to a number of high level tenants.
At the current asking price the property sells for a cost in the region of R 10,000 per m2.
To erect a building of this caliber would cost in excess of R 15,000 / m2
The sale of the property includes the real estate as well as an operational business (lock stock and barrel)
1. Financial information will be supplied during the due diligence period
2. Due Diligence period will commence upon receipt of an offer to purchase
3. Offer To Purchase must be accompanied by a refundable deposit of 1% of the gross purchase price.
4. Offer to Purchase must be accompanied by a detailed financial plan including proof of affordability.
5. Should the Due Diligence study not have a successful outcome, the deposit will be refunded.
6. The prices attract VAT which is refundable.
7. Prices include commissions.
ASKING PRICE: R 110 million plus VAT