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12% Yield Sole Mandate 1293m2 Investment Units at Waverley Business Park Observatory

Ref # 2255513
R18,850,000
Property Details
25 Kotzee Rd, Waverley Business Park, 304
1,293m²
27,188m²

Introducing an exclusive opportunity at Waverley Business Park on the border of Mowbray and Observatory, these investment units are available for sale under a sole mandate. Consisting of three units, each with synchronized leases secured until March 2026, the tenants are national brands with the option to renew their agreements. The yield is above 12% at asking price and this will be a Zero-rated transaction for VAT.

Located on the top floor, these units boast high ceilings and offer the unique potential to be combined to accommodate future tenants. Enjoy panoramic views of the mountains and city from every angle.

Conveniently positioned for easy access to major freeways including the N2, N1, M3, and M5, this property is ideal for businesses seeking a strategic location. The offering includes a total of 28 parking bays, comprising 22 garages and 6 open parking spaces.

Don't miss out on this exceptional investment opportunity at Waverley Business Park Observatory – contact us today to learn more about this prime commercial property.

Property Features
Property Type
Office
Garages
22
Open Parking
6
Floor Size
1,293m²
Land Size
27,188m²
Costs and Terms
Rates & Taxes
±R1,200
Levy
±R36,405
Additional Information
Grade
A
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About Waverley Business Park
Waverley Business Park: Your Prime Location for Success in Cape Town's Business Hub Waverley Business Park offers a dynamic and secure environment for businesses of all sizes seeking a prestigious address in Cape Town's thriving commercial hub. Situated on the border of Observatory and Mowbray, this B-grade office park provides a convenient location with easy access to major routes and public transportation. Here's why Waverley Business Park should be your top choice for office space: Strategic Location: Enjoy unmatched accessibility with Waverley Business Park's location near the N2 highway, M3, M5, and N1 highways. The Main Road taxi route is also readily accessible, ensuring a smooth commute for your team and easy access for clients. Additionally, the Mowbray and Observatory train stations are within walking distance. Flexible Office Space: Discover a variety of office units to suit your specific needs, ranging from smaller studios to expansive open-plan layouts. Many units boast high-speed internet connectivity for seamless business operations. Vibrant Business District: Immerse yourself in the dynamic energy of Cape Town's business hub. Waverley Business Park positions your company at the center of the action, ideal for networking opportunities and fostering valuable business connections. Waverley Business Park offers more than just an office space; it offers a strategic launchpad for your business to grow and thrive. Contact a leasing agent today to explore available spaces and discover your perfect fit in Cape Town's dynamic business environment!
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