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R 4 295 000

Commercial Property for Sale in Ferndale

Ferndale, Randburg

Contact brokers for street address

864 m²

Investment Opportunity!

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...

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Property Overview

Listing Number

113314950

Type of Property

Commercial Property

Listing Date

29 November 2024

Erf Size

1 874 m²

Floor Size

864 m²

Rates and Taxes

R 7 500

Facilities

Bathrooms

Points of Interest

Bond Calculator

*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.