Prime property, excellent rental income

Bidder’s Choice will sell a prime property in central Pretoria, 20 Visagie Street, with excellent rental income potential. It offers the perfect opportunity for property investors to immediately increase their portfolio and property portfolio income.

The seven-storey warehouse and office building is located on a 1 267-square-metre erf, with direct exposure onto Visagie Street. The building is located in the well-established industrial/commercial suburb of Pretoria Central in the heart of the Pretoria Central Business District, with convenient access to major routes.

The property, which is in good condition, is mainly used as a warehouse and offices, with rear basement parking on the same level as the ground floor, and various ancillary rooms. The first five floors, counting from the ground floor, are accessible by lift. The ground floor and basement offers 14 undercover bays, two loading bays, as well as a guardroom, ablution and storage rooms. Three open parking bays are located outside the building, offering 19 parking bays in total.

The first floor comprises a reception, boardroom, eight offices, and archives library or storage area. The second floor has a north and south section with storage/warehouse, storeroom and approximately 10 offices. The third, fourth and fifth floors also have north and south sections, consisting of storage/warehouse facilities with ablution, balcony and staircase between the floors. The sixth floor is only accessible by stairs and comprises four offices, ablution (bath/basin/shower/ wash closet), and a water tank on the roof, reachable by the staircase.

All floors have ladies and gents ablution facilities between floors. The auction is the ideal opportunity to boost your property portfolio and income overnight. Do not miss out on this centrally-located warehouse and offices, with established government lease agreement up to 2019.