Commercial Property On Auction in Ferndale

ON AUCTION 11 JULY - PRIME COMMERCIAL OFFICES / REDEVELOPMENT OPPORTUNITY FOR SALE - CNR REPUBLIC ROAD AND OAK AVE, FERNDALE

This property is priced at exceptional value to ensure a swift sale, providing a strategic advantage to parties interested in submitting an offer before the auction date. The property features a freestanding, open-plan A/B Grade office building currently partitioned with drywalling and glass/aluminium shop fronts, with both basement and shade net parking in front. Security is ensured through palisade fencing and walls, complemented by a brick gatehouse and steel gate at the entrance. Currently vacant, the building is constructed with a concrete frame and brick, featuring plastered and painted walls, sections of red face-brick, aluminium-framed windows and doors, and two balconies. An open courtyard with a tiled floor sits at the center of the building. The roof is pitched and covered with clay tiles. The total rentable area is 2,564m², as specified by the client. The office interiors are of good commercial quality, with plastered and painted brick walls, internal drywalling, suspended panel ceilings, fluorescent lighting, spot lighting, and a chandelier in the reception area. Floors are generally carpeted, with electrical skirting throughout.

The offices are equipped with centralized and individual split-unit air conditioning. Each floor includes ladies' and men's restrooms as well as kitchenettes. The floor layouts are predominantly open-plan, with boardrooms and smaller offices scattered throughout. The ground floor houses a double-volume reception area.

Additionally, the property boasts top-notch security features, including automated double roller shutter access to the basement, a security control room with 24-hour guard presence at the entrance gate, and robust security walls comprising palisade and concrete walls with electric fencing. The property spans three floors - basement, ground, and first - with a stunning double-volume reception area adorned with a chandelier and skylight. The facility includes bathrooms and showers for both male and female occupants on all three floors, as well as paraplegic-accessible bathrooms on the ground and first floors. A kitchenette is conveniently located on the ground floor, while a fully-equipped kitchen and canteen can be found on the first floor. The property also features a central courtyard and a centralized air conditioning system with ducting and is fully compliant with fire safety regulations, as evidenced by its Fire COC certification.

SURROUNDING WORKS AND SERVICES

The building includes a basement parking level accessible from the northern side, offering 77 parking bays, with two occupied by a generator. Additionally, there are 30 shade-net parking bays at the front of the building and 9 open parking bays along the northern side near the basement entrance. The property entrance is located on Oak Avenue, featuring a steel gate and gatehouse. Security is provided by palisade fencing along the street fronts, with brick and pre-cast walls separating the property from its northern and western neighbors.

The subject property enjoys a prime location in one of Johannesburg's most dynamic and well-connected suburbs. Situated in the larger Randburg, Ferndale is known for its blend of commercial, residential, and recreational spaces. Republic Road is a major arterial route that facilitates easy access to surrounding areas and key destinations. The property is strategically positioned near other significant roads such as Malibongwe Drive, Jan Smuts Avenue, and Bram Fischer Drive, ensuring excellent connectivity to the broader Johannesburg area, including Sandton, Rosebank, and the central business district.

Ferndale boasts a comprehensive array of amenities that cater to both business and lifestyle needs. Ferndale on Republic shopping mall offers a variety of retail stores, restaurants, and entertainment options. The area is also home to numerous banks, gyms, and medical facilities, providing convenience for employees and clients alike.