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Apartment For Sale in Johannesburg

Johannesburg
R 13900000
RunningCosts Bond
Costs
Property Type Apartment
Erf Size 5000 m2
Levies R 0
Listing Date October 25, 2024
Floor Size 9500 m2
Rates and Taxes R 0
Details
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Property description

Two adjoining top quality commercial buildings brought to market by the burgers

These fine buildings have been very well maintained, internally and externally and recently upgraded. And offers potential buyers a range of commercial, industrial or retail self-use or investment options. As well as the benefits of a combination of the above – for sale by the same owner

The buldings together are situated on a total Erf size of just under 5000 square meters, with a total coverage uner roof of over 9 500 square meters. Three-storey buildings offer functional floor space. Excellent street frontage being directly across the road from a typical Jozi mine dump. Notable, as it suggests better traffic flow, parking accessibility and access convenience – for loading purposes, for example. In addition, the back of the building opens to a 50m x 4m dry loading bay covered by a 300 square meter stand alone steel constructed roof. An extensive, open but secured servitude with vehicle access. Adding to it’s overall convenience and security offering

This frontage is also extremely well-secured. 6 Roller security shutters securing all entrances, as well as the glass section of the formal reception area, off the street. Effectively securing the entire front of the building and offering extra height for convenient, heavier-duty vehicle access

Internally the building offers the unusual additional benefit of vehicle-access ramps from floor-to-floor for all three floors. So allowing operating vehicles to conveniently enter the building and access all three floors internally. An unusual and extremely valuable advantage – not only in terms of loading, for example, but also as it then removes the need for other/alternative forms of movement of goods between floors
Of notable benefit to many business operations. But, in particular, an obvious advantage for warehousing and delivery-intensive operations, like that of current online trading operations, for example

In addition, this also offers future owners the quite unique option of being able to consider shared-use tenanting of the respective floors of the building. In terms of the access it offers to the respective floors. A commercial reality becoming that much more relevant in today’s commercial market. Space-sharing is offering benefits not otherwise available to entrepreneurs and adding commercial value to owners of buildings such as this

The low-maintenance nature of the building – from its external finish to the quality of the internal, screeded floors - and its current, well-constructed and well-maintained condition, also ensures that it would offer overhead cost advantages, regardless of its future use. In addition, it’s location in Selby and close to, but just outside of the actual Joburg CBD, also makes it ideal from a Public Transport perspective

An extensive section of the ground floor has been considerably upgraded. And offers a spacious, off-the-street reception space , that could be effectively utilised for various retail operations. As this tiled area also offers a row of counter-top workspaces. In addition, this space offers numerous, multi-purpose offices and/or admin areas, enough toilet facilities and a well fitted and finished kitchen

Two of the three floors are currently fully leased, generating commercially viable returns. However, in terms of renewal terms, these existing leases offer the flexibility of possible re-negotiation or future personal use. (Details of these existing leases being available via personal discussion)


As mentioned, the location, condition and value proposition offered by these two buildings represents many exciting commercial, industrial, retail and/or investment opportunities. Particularly for those future owners able to visualise its future potential

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