485m2 A Grade Office Investment Opportunity in 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 18th Floor and measures 485m2. This space is perfectly suited for an Investor. The property is tenanted with rental income earned of R84 964 per month at a Cap rate return of 7.4%. Asking price of R12 096 000 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.
Features
Building Name The Pinnacle
Zoning Commercial
Monthly Levy R10,346.00pm Excl. VAT
Floor Size 485m²
Land Size 485m²
Security Yes
Air Conditioning Yes