Located in the well-established commercial node of Bruma, this prime sectional title office opportunity at Waterview Corner will be going on auction on the 1st of July. The property enjoys excellent exposure and accessibility within a sought-after business location.

The entire building is situated on a mother erf measuring approximately 7,416sqm and comprises a total GLA of approximately 5,897sqm. The sectional title offices being offered for sale comprise approximately 2,460sqm of lettable office space together with 25 parking bays.

The property currently has multiple tenants occupying approximately 1,237sqm, resulting in the sellers’ sectional title component being approximately 52% occupied. The existing tenancies generate a current gross monthly rental income of approximately R115,000 per month, offering immediate income with further upside through leasing of the remaining vacant space.

The offices are well suited to investors seeking value-add commercial space with income and upside potential, alternatively owner occupiers looking to secure space within a prominent commercial location.

Key Features:

Sectional title office space of approximately 2,460sqm
25 parking bays included
Current rental income of approximately R115,000 per month
Approximately 52% occupied
Excellent exposure and accessibility
Located within established Bruma commercial node
Value-add and leasing upside potential
Going on Auction – 1st July