R4,295,000

R4,295,000

864m² Office For Sale in Ferndale
David Williams
Barney Jacobson

Investment Opportunity!

Web Ref. OYC8
Land size 1874.00 m²
Floor size 864.00 m²
Monthly Bond Repayment
R41,715.67
Great Income Investment Opportunity!

This commercial property is perfect for investors looking for a reliable income stream. With a commercial lease in place for a further 1 year, you can enjoy peace of mind knowing that your investment is secured.

Currently, the property is being leased by a school, making it an attractive option for those in the education industry. Take advantage of the existing infrastructure and lease, at the commencement of the lease, explore other potential uses for this versatile space.

Building One offers ample space and functionality. Upstairs, you'll find bathrooms, a kitchen, 6 spacious rooms currently being used as classrooms and an office, as well as a large landing area and balcony. Downstairs, there are 4 additional classrooms, a storeroom, a bathroom, a reception area, a large main open area, and even a built-in indoor braai for added convenience.

Building Two features a large classroom upstairs, perfect for workshops or seminars. Downstairs, there is a garage, one room that can be utilized in various ways, a kitchen, and a bathroom.

Don't worry about parking - this property offers shade nets to accommodate 2 cars. Additionally, there is plenty of outdoor space being used as a playground/sports area, providing opportunities for outdoor activities and recreation which could be converted to parking.

For added convenience and peace of mind, a generator is included with the property. This ensures that your operations can continue smoothly even during power outages.

Don't miss out on this excellent investment opportunity. Contact us today to schedule a viewing and explore the potential of this well-equipped commercial property.
Monthly Rates R7,500

Features

Zoning
Commercial
Interior
2 Bathrooms
Sizes
Land Size 1,874 m²
Floor Size 864 m²
Listing Info
Date Listed 29-11-24
Time Listed 12:35

Ferndale, Randburg

Investing in property in the Johannesburg municipality of Randburg offers a variety of features and benefits that make it an attractive option for buyers and investors:Prime Location: Randburg is centrally located in Johannesburg, providing easy access to major business districts, shopping centres, and entertainment hubs. Its proximity to key areas such as Sandton, Rosebank, and the Johannesburg CBD makes it a highly convenient place to live and work.Diverse Property Market: Randburg offers a wide range of property types, from affordable apartments and townhouses to luxurious family homes and estates. This diversity caters to different budget levels and investment goals, making it suitable for first-time buyers, families, and...
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Finance

Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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