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Commercial Property On Auction in Houghton Estate
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2 542 m²
- AUCTION
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Single-Tenanted Commercial Investment Opportunity - On Auction - 21 November 2024
Single-Tenanted Commercial Investment Opportunity - On Auction - 21 November 2024
The subject property provides for a beautiful multi-level office building in pristine condition. Situated in the upmarket suburb of Houghton with high exposure onto the M1 highway, this fully-let building provides for a secure investment with great potential.
Highlight features include:
- GLA: 2 542m2
- Erf Extent: 8 431m2 (Registered) and ±7 000m2 (Usable)
- Fully occupied by a single international tenant
- Net Annual Income: ±R4 165 141
- High exposure onto M1 highway
- Billboard providing advertising or non-GLA income
- 82 Basement parking bays
- 15 Open parking bays
- 255 kVA Generator
- Lift servicing all four levels
- 24-hour Security and boomed access control
- Tag access control throughout the building
- High electric fencing and beams provide additional security
-...
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Auction Details
| 21 November 2024, 12:00 |
| The Wanderers Club - 21 North Street, Illovo, Sandton, Johannesburg |
| Attend |
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