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R 8 300 000

Commercial Property for Sale in Midridge Park

2 Pioneer, Midridge Park, Midrand

590 m²

Contact Broker

Bruce Clark

Show Contact Number

Attractive Office Building in Secure Business Park

This attractive office building of 590m2 is located in Midridge Office Park within the very popular International Business Gateway just off New Road and close to N1 interchange.

There is a paraplegic lift from the basement parking to the first floor

There is a lease in place until at market-related rentals until 31 January 2027 offering a 9.14% yield on this investment. There is, however, a clause in the lease agreement that it can be cancelled should an owner-occupier buy the property

International Business Gateway (IBG) in Midrand is a prestigious, expansive business park offering premium office space. Strategically located off New Road, it provides excellent accessibility to the N1 Highway, modern amenities, and a professional environment, making it ideal for businesses seeking a central, convenient location. It is close to retail facilities.

Listing number: P24-114988061, Image number: 1

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Property Overview

Listing Number

114988061

Type of Property

Commercial Property

Street Address

2 Pioneer, Midridge Park

Description

Office

Listing Date

26 September 2024

Levies

R 7 472

Rates and Taxes

R 14 073

Zoning

General Business

External Features

Parking

10 basement, 6 shaded, 5 open

Building

Building Name

Midridge Office Park

Gross Lettable Area

590 m²

Green Building

Yes

Building Grading

A Grade

Multi Tenanted

Standalone Building

Other Features

Security

Totally Fenced, Guard House, Guard, Perimeter Wall, Boomed Area

Temperature Control

Air Conditioning Unit

Nearby Public Transport

Bus, Train, Minibus Taxi

Internet Access

Fibre

Wheelchair Accessible

Yes

Points of Interest

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