NICHE CBD OFFICE FOR SALE PLUS A LONG-TERM INVESTMENT

Cape Town City Centre

Property Description

R5,7 mil plus Vat.

Open plan office with a high ceiling,screeded floor, lots of natural light, kitchenette, ablutions, storeroom, plus two undercover parking bays at 220 Loop Street.

Ideal for a legal firm requiring a satellite office close to the High Court
Large electronic billboard on the façade, registered by a ‘Notarial Deed of Servitude’, leased to a national outdoor signage company.

Ten-year lease as from 1 st May 2024 until 30 th April 2034. Rental R32, 200 PM plus Vat, escalating @ 6, 5 % PA.

Contact Agent

Romeo Biccari - Commercial Property Specialist

FFC 2023325490 After 19 wonderful years as a commercial property broker at another reputable commercial real estate firm, I was looking to rejuvenate my career and joined RE/MAX Living on 1st March 2020, where I continue to maintain my focus on commercial leasing, sales and investments, albeit I am open to any residential challenges as I am surrounded by more than 100 residential agents that I can work and share with. It is a special group of people headed up by an incredibly special person. The interaction and sharing of knowledge has been a revelation. There is a genuine desire to work together. We have a common goal, which is to fulfil whatever mandate is granted to us, to the best of our abilities. Over the past 20 years I have had the pleasure of working with many clients / landlords and treasure the relationships, trust and friendship that has ensured, money cannot buy such. Do not hesitate to contact me for any leasing, purchasing or sales of commercial properties.