Office for sale
South Africa - Western Cape, Cape Town, Claremont
like this property?Call: 01425 462549
- 13,993 sq ft (1,300 sq m)
- AAA Grade Office
- 8% Triple Bet Yield (full repairing lease)
- Prestigious HQ Office building
- Rarely available
- Situated in prestigious Cape Town Southern Suburbs location
- 1300 sqm of Offices
- 50 + parking bays
Rare opportunity to acquire Blue Chip / Corporate offices in one of Cape Town’s most sought after locations with corporate owners seeking to remain as tenants on a long term rental agreement.
Sale & Leaseback Investment opportunity at R25m + VAT purchase price with a 10% - 11% initial Yield + Annual Escalations of 8% - 9% with long term lease agreement up to 12 years.
- blue chip tenant (current owners)
- long term rental agreement on a full repairing & maintenance lease (current owners seeking to stay on as tenants) for up to 12 years
- Initial Yield of 10% - 11% (to be negotiated)
- Annual Escalations of 8% - 9% (to be negotiated)
- Triple Net Rental for up to 12 years
Further information will only be made available to qualified property buyers/investors on a discreet & confidential basis.
To register as a qualified buyer, please contact us in the strictest confidence.
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More information from this agent
- Cape Town (International), 8.1 miles
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