Office Space 2 Hazelden Drive, Somerset Business Park, Somerset West, Somerset West

Prime Property for Sale in Somerset Business Park

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This property located in the highly sought after Somerset West Business Park available to purchase.
This Property would be ideal for redevelopment as it sits on the corner of the N2 highway and the entrance to Somerset Business Park, making it one of the most visible spots along the N2 highway and being the 1st point of access into Somerset Business Park.

The total erf size is 10 000m2, with 3 500m2 having been subdivided and sold already. The available 6 500m2 is for sale as is, with the current gross lettable area at 2 190m2.

Redevelopment would allow for the 80% bulk to be utilized with 3 stories/levels allowed on the site.

Rental income when fully let (figures from March '18) was roughly R100 000 (ex VAT)
Security Park Levy after the Subdivision: R4 800
Rates @ R15 000

For more information, feel free to contact me.

Building Description