We use cookies to optimise your experience on our website. If you continue we'll assume that you are happy to receive our cookies. However, if you would like to, you can change your cookie settings at any time.

Continue

For improved printing use the print button on the page

print button

Office for sale

South Africa - Western Cape, Cape Town, Claremont

Guide Price £1,430,000

like this property?

Call: 01425 462549

Commercial information:

  • 13,993 sq ft (1,300 sq m)

Key features:

  • 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

Full description:

FOR SALE and LEASEBACK: AAA GRADE OFFICE BUILDING LOCATED IN THE HEART OF THE PRESTIGIOUS CAPE SOUTHERN SUBURBS. Exclusively marketed by VIP International Homes.
.
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.
.
The exact location, property size and property images are not shown to protect the property's anonymity.

More information from this agent

This pin shows the general area of the property as the exact location was not given

Nearest Airports*

  • Cape Town (International), 8.1 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
VIP International Homes, Cape Town

Private Bag X26, PostNet Suite 81, PostNet Steenberg Village, Tokai, 7966. South Africa
01425 462549  Local call rate
About VIP International Homes, Cape Town

VIP International Homes exclusively focus on marketing the very finest international real estate in the UK, Europe, USA, Middle East & Africa to Ultra-High Net Worth Local & International clients.

We offer a range of VIP International property marketing services including VIP International Marketing (Full open marketing of your property via our international & local marketing platforms); Proactive marketing to Ultra High Net Worth Individuals (Direct marketing to the registered homes of Billionaires/Millionaires around the world); and Discreet Property Marketing (A unique opportunity to have your property discreetly offered for sale to the ‘Right Kind’ of highly qualified property buying clients with a minimum of intrusion and market awareness).
Our Billionaires & Millionaire targeting service can directly market your property to Billionaires/Millionaires around the world and direct to their registered property addresses in London & UK Country Homes/Estates; Beverly Hills, LA, New York, The Hamptons, Miami, Palm Beach, etc. areas of the USA; and other prime international locations from our VIP database.

We know where the wealthiest citizens on the planet live and our VIP International Property Marketing services reach these VIP clients.

If you are looking to sell or acquire a prime property in the UK, Europe, USA, Middle East & Africa please contact us to find out more about our unique range of marketing & acquisition services.


Disclaimer

This is a property advertisement provided and maintained by VIP International Homes, Cape Town (reference PrimroseAvenue) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

VIP International Homes, Cape Town

Private Bag X26, PostNet Suite 81, PostNet Steenberg Village, Tokai, 7966. South Africa
or call 01425 462549
Calling from outside the UK? 0044 1425 462549

Spotted an error?

In order for us to help our agents maintain accurate and up-to-date information please inform the agent if you have noticed an error with this property. If you are the vendor, please contact your agent directly.