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R5,250,000

R5,250,000

804m² Business For Sale in Ferndale
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Commercial Investment Opportunity – Randburg Central Business Precinct - Diverse/ Stable Tenant Base

Web Ref. CL13252
Land size 1003.00 m²
Floor size 804.00 m²
Monthly Bond Repayment
R48,023.81
This prime 804 square metres commercial property is for sale in Randburg and is currently fully tenanted.
The current owners actively manage the leasing and administration of the property.
The owners want to retire and have decided to sell the property.

The building is centrally located on a busy street within the Central Business Precinct and the property enjoys quick accessibility to the public and major transport nodes, making it a viable and convenient alternative for repeat business.
The building also enjoys good marketing exposure due to the enhanced visible signage and visibility from the street.
The property accommodates a diverse tenant mix, that currently comprise:
Light Manufacturing and Retail, Photographic and Signage Services, Motor Repairs and Service Workshops, Personal Grooming Services and Offices.

The additional features that makes the building viable:
- Stand alone with adequate onsite parking;
- Separate entrances to the office and basement facilities;
- Market related Rental;
- Recovery of Operational and Municipal costs.

Investment Highlights include:
- Immediate rental income results in consistent cash flow while reducing vacancy risk;
- Return on investment (ROI) results in a higher yield due to the recovery of Operational and Municipal costs;
- Diverse Tenant Mix reduces risk due to income generation from tenants in different sectors. There is no reliance on a single or sector specific tenant/s which may be impacted from sector-specific downturns;
- Strategic Location in the Central Business Node and near public transport enhances the overall property performance due to complementary businesses driving foot traffic that encourages cross-shopping, longer visits and sales.

If you are seeking reliable returns and feel that this Commercial Property will add value and future appreciation to your Commercial Property Portfolio, please contact our team to arrange a viewing.
Monthly Rates R14,627

Features

Zoning
Commercial
Sizes
Land Size 1,003 m²
Floor Size 804 m²
Parking Bays
20 Open Parkings
Listing Info
Date Listed 06-09-26

Ferndale, Randburg

Google map for 804m² Business For Sale in Ferndale

Disclaimer

While every effort will be made to ensure that the information contained within the Just Property website is accurate and up to date, Just Property makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.