Commercial property for sale in Observatory

Description

JOINT SOLE MANDATE Waverley Business Park An exceptional investment opportunity comprising two adjacent sectional title units situated within the highly sought-after Waverley Business Park in Observatory, Cape Town. The property is currently fully tenanted.offering secure income streams with leases running through to December 2028. The units are presented in excellent condition and provide a versatile mix of industrial and office accommodation within one of Cape Town’s most established mixed-use business parks. Property Features: Sold as a going concern 2 Adjacent Sectional Title Units Leases in Place Until 2028 Excellent Overall Condition 9 Parking Bays Investment Summary: Gross Annual Income: R861 054 Annual Expenses: R192 723 Net Annual Income: R668 331 Yield: 9.2% Waverley Business Park is renowned for its unique character, strong tenant demand, excellent... JOINT SOLE MANDATE Waverley Business Park An exceptional investment opportunity comprising two adjacent sectional title units situated within the highly sought-after Waverley Business Park in Observatory, Cape Town. The property is currently fully tenanted.offering secure income streams with leases running through to December 2028. The units are presented in excellent condition and provide a versatile mix of industrial and office accommodation within one of Cape Town’s most established mixed-use business parks. Property Features: Sold as a going concern 2 Adjacent Sectional Title Units Leases in Place Until 2028 Excellent Overall Condition 9 Parking Bays Investment Summary: Gross Annual Income: R861 054 Annual Expenses: R192 723 Net Annual Income: R668 331 Yield: 9.2% Waverley Business Park is renowned for its unique character, strong tenant demand, excellent accessibility, and secure environment, making it a highly desirable location for both investors and occupiers. City and Atlantic Real Estate cc Trading as RE/MAX Living, an independently owned and operated franchise of RE/MAX SA. Registered with the PPRA. Disclaimer: Any price displayed in a foreign currency is for information purposes only and is an estimate based on the applicable exchange rate at the time of publication. Exchange rate fluctuations may result in variations. The official asking price is the South African Rand (ZAR) price. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-1528851766","type":"c"}));

What we know about this property

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Portal facts

Levies

R 11 799

Zoning

General Business

Floor Size

398 m²

Listing Date

28 July 2026

Listing Number

117454249

Rates and Taxes

R 4 261

Building Grading

AAA Grade

Type of Property

Commercial Property