Sectional Title Office Unit and Parking at The Colosseum, Century City

Sectional Title office investment opportunity

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Listing ID: S-11651

Sale Price R3 975 000
Yield 9%
GLA 213 m²
Rate R18 662 /m²
Zoning Commercial
Parking

Open

1 bay(s)

Parking

Shaded

1 bay(s)

Parking

Basement

7 bay(s)

Sectional Title Office Unit And Parking For Sale, The Colosseum

The unit is located on the 3rd floor and offers modern office accommodation with high-quality finishes. The unit comprises a reception area, 2 boardrooms, a pause area, office areas and a kitchen.

The unit has a Gross Lettable Area of 213m² and includes 9 dedicated parking bays: 7 covered, 1 shaded and 1 open.

The unit is fully let, with a lease expiring 31 December 2028.
Initial Yield 9%.

Please contact Richard Scott for rent roll and property expenses.

Sectional Title Office Unit and Parking at The Colosseum, Century City

The Colosseum is a centrally located, mixed-use commercial building in Century City. It features ground-floor retail space, public parking, and a combination of hotel and office space on the upper floors.

The building offers 24-hour manned security, ensuring a safe and secure environment. Tenants benefit from access to both basement and open parking options.

What makes the Colosseum particularly attractive is its prime location in Century City. The ground floor retail mix features well-known brands and services, including Vida e Caffè, Woolworths Food, Slug & Lettuce Restaurant, Mozambik Restaurant, Clicks, a barber and beauty spa, and a printing and stationery shop.

Nearby amenities include a range of popular restaurants such as Tiger's Milk, Bootlegger, and Akiya Sushi, as well as accommodation and conferencing facilities at Crystal Towers and The Century City Hotel and Conference Centre.

The main public transport terminal is within walking distance, offering access to public buses, taxis and the MyCiTi Bus service. The train station is also nearby.

Property features:

Elevator/Lift
Reception
Boardroom
Meeting Rooms
Open Plan
Kitchen
Storage/Filing Rooms
Bathrooms
Communal Bathrooms
Office
Nearby Bus Service
Nearby Taxi Service
Nearby Train Service
...

Area specialist

Richard Scott

Investment Specialist

...

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