820m2 Investment Opportunity at The Pinnacle, 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 8th Floor and measures 820m2 with a tenant in occupation. Rental income achieved of R150 200 per month with a yield return of 9.49%. Asking price of R16 780 000 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 throughout the transaction process.
CAPE TOWN Central Business District Area Profiling:
DID YOU KNOW?
Cape Town originated in 1652 and prior to it's name, Cape Town was first called "Hui! Gais" by the Khoi people, which meant "Where Clouds Gather", due to the fact that, clouds always moves over Table Mountain.
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Disclaimer: While every effort will be made to ensure that the information contained within the Vermaak Properties website is accurate and up to date, Vermaak Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
