Commercial Property For Sale in Ferndale, Randburg

Property description

Calling all investors!!! Business 2 zoned property ideally suited for offices, educational facilities or conversion to residential accommodation.

The property also offers good potential for use as a distribution-centre or small-scale manufacturing.

Potential gross rental income of approximately R70 000 per month.

Single Phase 150A electricity supply.

Well maintained 4-storey building situated in a prime location on a busy street in close proximity to Malibongwe Drive. The property is fully walled and fenced with secure parking.

The ground floor currently offers space for a cafe, common room (entertainment room / boardroom) and ablutions.

The first, second and third floors offer similar layout with dry-wall partitioned offices, meeting rooms or classrooms. Each floor offers a kitchenette and ablution facilities.

There are two internal stairwells situated at the front and rear of the building, as well as a single lift bank leading from the ground to upper floors.

The building is sectionalised into 5 sections. Section 1 and 2 are on the ground floor comprising the cafe and common room. Sections 3, 4 and 5 comprise each of the upper floors.

There are 9 shaded parkings at the front of the building and a paved yard at the rear of the building offering additional open parking.

Purchase price excludes VAT. Offers welcome.

Contact me today to secure your viewing!