4,847m² Business Centre For Sale in Ferndale
The Building in Randburg Central offers a compelling investment opportunity for commercial buyers. Here's a summary:
Property Details:
Location: Ferndale, Randburg.
Size:
Total floor area: 4,847.27 m².
Lot size: 1,941 m².
Building: 7 stories, each with 536 m² open-plan office spaces.
Parking: 2 basement levels with 180 bays.
Price: R23,100,000 (excluding VAT).
Current Occupancy and Income:
Retail Vacancies: 3 stores available.
Office Vacancies: 3,654 m² available for lease.
Monthly Income: R126,741.37 (excluding VAT).
Monthly Expenses: R60,099.
Net Income: R66,642.37.
Features:
Potential Uses: Ideal for a call center, educational institution, or multi-tenant setup. Residential conversion potential exists.
Strategic Location: Proximity to the Randburg Taxi Rank and shopping centers, ensuring accessibility and foot traffic.
Prominent Billboard: Adds marketing value.
This property presents an excellent opportunity for investors seeking a central, versatile space with growth potential.
Property Details:
Location: Ferndale, Randburg.
Size:
Total floor area: 4,847.27 m².
Lot size: 1,941 m².
Building: 7 stories, each with 536 m² open-plan office spaces.
Parking: 2 basement levels with 180 bays.
Price: R23,100,000 (excluding VAT).
Current Occupancy and Income:
Retail Vacancies: 3 stores available.
Office Vacancies: 3,654 m² available for lease.
Monthly Income: R126,741.37 (excluding VAT).
Monthly Expenses: R60,099.
Net Income: R66,642.37.
Features:
Potential Uses: Ideal for a call center, educational institution, or multi-tenant setup. Residential conversion potential exists.
Strategic Location: Proximity to the Randburg Taxi Rank and shopping centers, ensuring accessibility and foot traffic.
Prominent Billboard: Adds marketing value.
This property presents an excellent opportunity for investors seeking a central, versatile space with growth potential.
Monthly Levy
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Features
Zoning
Sizes
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Listing Info
Ferndale, Randburg
- Street map
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Finance
Total Amount Repayable
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Monthly Repayment
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Disclaimer
While every effort will be made to ensure that the information contained within the Kingstons Real Estate website is accurate and up to date, Kingstons Real Estate 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.
