Kopp commercial is pleased to offer you this stunning standalone head office building for sale in Glenwood. The gross leasable area (GLA) is approximately 600 sqm. The main building resembles a castle and is in immaculate condition. Each floor covers about 200 sqm under roof. The ground floor features a lovely outside veranda, a reception area, four separate offices, a toilet, and a kitchenette; it was previously used as a training facility and can accommodate a considerable number of students or staff. The first floor has an independent entrance via the back staircase, although there is also an internal staircase that has been closed off but can be easily reinstated. It includes five separate offices, another reception area, a large kitchen, toilets, and a covered balcony. The entire
building is good condition and comes equipped with functional JOJO tanks. It boasts air conditioning and CCTV cameras throughout the property. Additionally, the property includes three residential flatlets at the back with modern finishes that are in high demand for Airbnb rentals; two of them currently has tenants with an option to renew their lease.
At the front of the property are three modern office/studio Wendy houses featuring a boardroom, podcast studio, and office desk setup. Inside these front offices, the CCTV camera system provides surveillance coverage for the entire property.
This property has historically generated significant rental income, exceeding R70 000 per month, thanks to its diverse spaces that can be utilized separately, each with their own entrances and amenities. Converting it into student accommodation would be an excellent option, as would transforming it into a versatile office complex with multiple sections. The adaptability of this property is a considerable advantage for seasoned investors looking to maximize value.
Please contact Themba for more information or to view the Property.
Looking for Space in and around Glenwood, contact Kopp Commercial today and let us find your ideal Premises for your OFFICE Business requirements. Alternatively should you have premises to let or for sale, contact Kopp Commercial to assist you in finding a suitable TENANT/PURCHASER.
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