Büro zum Kauf in Ferndale Randburg

Fully let investment opportunity for sale
Lease summary:
- 8 year lease with gross rental = R223 000 per month starting 1
March 2019
- Annual Lease escalation at CPI,
- All municipal charges, levies and consumption charges are paid for
by the tenant over and above the gross rental.
- Landlord is only responsible for rates and taxes, building
insurance, and a small security contribution.

The building is constructed of face brick with a reinforced concrete frame. The buildings security is provided for with electronic boom and spiked access. A security office with ablutions. 8 strand electric fences on the north and east boundaries and 23 strand electric fences on the south and west boundaries of the property. CCTV cameras are located throughout the property. The building provides a 40m2 IT room with raised flooring and gas. A 150KVA generator is located in the basement of the building with both internal and external diesel tanks. The building also has a small lift.