This investment opportunity is located in George and features a AAA Tenant with Net Net Lease, Making it easy to manage from a distance.

It is a Landmark Building in a prominent location with excellent exposure.
Corner York and Hibernia with easy access and ample parking in Municipal Parking lot in front of building.

There are also 16 on-site parking bays included in the property.

-Selling Price: R33 million
- Yield 9%
- Lease Expires 31 December 2025 (option to renew for 5 years)
- Annual Rental R2,981,628 from 1 January 2024
- Escalation 6%
- Fully Repairing - Net Net Lease
- Recently Painted

Standard bank has invested R5 million on their own Tenant Upgrades
Building.

To arrange a viewing, please contact Andre Theron.