820m2 Investment Opportunity at The Pinnacle, Cape Town
The Pinnacle is an A Grade commercial building positioned in the heart of Cape Town. The continuous glass curtain exterior of this 18-storey high-rise building offers incredible views of the mountains and city with an abundance of natural light. There are two levels of secure underground parking with 24hr security and access control. Easy access to shopping, dining, high court and transport facilities. No Loadshedding at this building and Fibre-ready connection. This property is situated on the 8th Floor and measures 820m2 with a tenant in occupation. Rental income achieved of R150 200 per month with a yield return of 9.49%. Asking price of R16 780 000 excludes VAT, parking and storerooms, Parking bays available at: R130 000 per single bay R150 000 per tandem bay Storerooms available at R5000/m2 Contact Sharon Marais, our Commercial Property Broker, for more information, viewing arrangements and professional assistance throughout the transaction process.
Features
Building Name The Pinnacle
Zoning Commercial
Monthly Rates R1.00pm Excl. VAT
Monthly Levy R1.00pm Excl. VAT
Floor Size 820m²
Floor Load (Tn/M2) 1.00
Land Size 820m²
Building Height 1m
Security Yes
Air Conditioning Yes