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826m2 12% Yield Investment Opportunity in Waverley Business Park Mowbray

Ref # 2257437
R12,300,000
Property Details
25 Kotzee Rd, Waverley Business Park, 302
826m²
27,188m²

Discover an exclusive investment opportunity at Waverley Business Park, strategically located on the border of Mowbray and Observatory. These investment units, available for sale under a sole mandate, offer a secure lease in place until March 2026 with a national brand tenant, providing the option to renew. The yield stands at an attractive 12% at the asking price, and the transaction is Zero-rated for VAT.

Situated on the top floor, these units feature high ceilings and the potential to combine with the neighboring unit of 467m2, creating a spacious 1293m2 office space that can cater to future tenants. Enjoy breathtaking panoramic views of the mountains and city from this prime location.

Ideal for businesses requiring convenient access to major freeways such as the N2, N1, M3, and M5, this property comes with a total of 20 parking bays, including 16 garages and 4 open parking spaces. Don't miss out on this exceptional investment opportunity at Waverley Business Park in Mowbray – reach out to us today to find out more about this prime commercial property.

Property Features
Property Type
Office
Garages
14
Open Parking
6
Floor Size
826m²
Land Size
27,188m²
Costs and Terms
Rates & Taxes
±R8,231
Levy
±R36,405
Additional Information
Grade
A
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Waverley Business Park view
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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