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Commercial Property in Observatory For Sale

R3 995 000

Bedroom icon 7 4 298m2 266m2
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Commercial Property in Observatory For Sale

317 Lower Main Road

Bedroom icon 7 4 298m2 266m2

Commercial Property in Observatory For Sale

317 Lower Main, Road

R3 995 000

Monthly Bond Payment: R

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  • ZAR
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  • ZWL
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4 Bedroom icon 7 266m2

Features

  • Parking 3

Description

7 bedrooms Office in OBSERVATORY

DUAL PURPOSE GREAT INVESTMENT - OBSERVATORY

Dual purpose investment/7 bedroom student accommodation plus business space.

This unique and well maintained property offers an abundance of opportunities as a multipurpose investment. Situated on Lower Main Road Observatory. 

First and second section of this ERF has been established and converted to stylish Student accommodation. Offering two separate entrances to seven bedrooms, four bathrooms all with showers and toilets, large kitchen with dinning area and lounge. All bedrooms have an abundance of natural light and are plus minus 4x5.5 square meters and bigger all have beautiful laminate flooring. Parking for three vehicles. The property at the back section has the opportunity for another two floors to be added on. 

Third section of this ERF has its own entrance which would be the third entrance to this property via the service entrance, offers parking, open space which could be utilized as a business/workshop/studio separate from the student accommodation. Solar geyser, prepaid electricity installed and good security, burglar bars throughout, electric fence. This building offers three separate entrances which can easily be reconfigured to your requirements leaning towards three individual usages.

Pre-paid water meter and fibre is available.

This will be a fantastic opportunity to add more value to this property and to extend it further.

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 1,500

Property Details

Web Ref RXAM-4671
Property Type Commercial Property
Building Size 298m2
Erf Size 266m2
Bedrooms 7
Bathrooms 4

Contact Agent

Agent profile picture

Marius Jordaan

Sales Associate

RE/MAX Living (Gardens)

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Book a viewing

Book a viewing

Enquiry about property Ref:RXAM-4671

R3 995 000

Monthly Bond Payment: R

currency bond calculator
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Marius Jordaan

Sales Associate

RE/MAX Living (Gardens)

MessageCall me back
Book a viewing

Contact Marius Jordaan

Agent profile picture

Marius Jordaan

Sales Associate


RE/MAX Living (Gardens)

Show number

Show number

Enquiry about property Ref:RXAM-4671