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R 23 100 000

Commercial Property for Sale in Ferndale

  • Floor Size 4 847 m²
Commercial Property For Sale in Bordeaux Drive, Ferndale, Randburg

The Randhill Building, located in Randburg Central, presents an excellent investment opportunity, encompassing 4,847.27m2 on a 1,941m2 lot. Priced at R23,100,000 (excluding VAT), this 7-story property features a prominent billboard and offers open-plan office space across its seven floors (536m2 each), along with two levels of basement parking providing 180 bays. Currently, there are vacancies for 3 retail stores and 3,654m2 of office space, making it well-suited for a call center, educational institution, or multi-tenant arrangement. The building generates a monthly income of R126,741.37 (excluding VAT) with expenses totaling R60,099, resulting in a net income of R66,642.37. Its strategic location near the Randburg Taxi Rank and shopping centers ensures excellent accessibility and high foot traffic, further increasing its appeal for various purposes, including...

The Randhill Building, located in Randburg Central, presents an excellent investment opportunity, encompassing 4,847.27m2 on a 1,941m2 lot. Priced at R23,100,000 (excluding VAT), this 7-story property features a prominent billboard and offers open-plan office space across its seven floors (536m2 each), along with two levels of basement parking providing 180 bays. Currently, there are vacancies for 3 retail stores and 3,654m2 of office space, making it well-suited for a call center, educational institution, or multi-tenant arrangement. The building generates a monthly income of R126,741.37 (excluding VAT) with expenses totaling R60,099, resulting in a net income of R66,642.37. Its strategic location near the Randburg Taxi Rank and shopping centers ensures excellent accessibility and high foot traffic, further increasing its appeal for various purposes, including potential residential conversion.

Listing number: P24-115136700, Image number: 1, 104 Bordeaux Drive
Listing number: P24-115136700, Image number: 2, 104 Bordeaux Drive
Listing number: P24-115136700, Image number: 3, 104 Bordeaux Drive
Listing number: P24-115136700, Image number: 4, 104 Bordeaux Drive
Listing number: P24-115136700, Image number: 5, 104 Bordeaux Drive
Listing number: P24-115136700, Image number: 6, 104 Bordeaux Drive
Listing number: P24-115136700, Image number: 7, 104 Bordeaux Drive
Listing number: P24-115136700, Image number: 8, 104 Bordeaux Drive
Listing number: P24-115136700, Image number: 9, 104 Bordeaux Drive
Property Overview
Listing Number
115136700
Type of Property
Commercial Property
Listing Date
28 October 2024
Erf Size
2 819 m²
Floor Size
4847 m²
Rates and Taxes
R 60 099
Bathrooms
7
Board Rooms
7
Kitchens
7
Rooms
Air Conditioner, Blinds
Parking
180
Building Grading
B Grade
Backup Water
Water Tank
Security
Alarm System, 24 Hour Access, 24 Hour Response
Special Feature
Balcony
Internet Access
ADSL
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