House For Sale in Alberton North, Alberton

Property description

A large medical and renovated dentistry suites for combined practice, in the heart of Alberton. Secured practice, dentistry renovated in a pleasant manner, with two separate entrances and separate entities.

Here you have a dentistry with 3 separate rooms, a bathroom and kitchen.

In the other wing with separate reception rooms you have 4 doctors rooms, an accounts office, a kitchen and separate tea room, an emergency waiting room.

You have two bathrooms for patients and a separate one for employees.

The medical rooms are currently rented out with Doctors that have been there for over 30 years. The dentistry has no tenants in yet, so another rental income could be received

The total GLA (gross leasable area) is 395m2 and current gross leased area is 341m2. The dentistry is another 54m2 that could be let out.

Your Nett Rental Yield on the medical suites currently is 15%, but your nett potential rental yield could be 19% if the dentistry area is rented out as well.

You will have 5 safe carport parking inside, air conditioning in the rooms, and ample parking for visitors inside and outside.

The Lifestyle Property Group has tried to ensure that all representations contained in this advertisement are accurate but provides no guarantees whatsoever. The representations herein has not been compiled to meet a Purchaser’s individual requirements and it remains the Purchaser’s sole responsibility to inspect the property duly prior to entering into any purchase agreement. The representations herein does not constitute the terms of sale as the images and descriptions are merely indicative. LPG assumes no responsibility for any errors and we reserve the right to correct/change/update the advert at any time without prior notice.