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Office for sale in Ferndale

R4,595,000
2 Baths
864m²
1,874m²
Reduced
Investment Opportunity!

Great Income Investment Opportunity!

This commercial property is perfect for investors looking for a reliable income stream. With a commercial lease in place for a further 2 years, you can enjoy peace of mind knowing that your investment is secured.

Currently, the property is being leased by a school, making it an attractive option for those in the education industry. Take advantage of the existing infrastructure and lease, at the commencement of the lease, explore other potential uses for this versatile space.

Building One offers ample space and functionality. Upstairs, you'll find bathrooms, a kitchen, 6 spacious rooms currently being used as classrooms and an office, as well as a large landing area and balcony. Downstairs, there are 4 additional classrooms, a storeroom, a bathroom, a reception area, a large main open area, and even a built-in indoor braai for added convenience.

Building Two features a large classroom upstairs, perfect for workshops or seminars. Downstairs, there is a garage, one room that can be utilized in various ways, a kitchen, and a bathroom.

Don't worry about parking - this property offers shade nets to accommodate 2 cars. Additionally, there is plenty of outdoor space being used as a playground/sports area, providing opportunities for outdoor activities and recreation which could be converted to parking.

For added convenience and peace of mind, a generator is included with the property. This ensures that your operations can continue smoothly even during power outages.

Don't miss out on this excellent investment opportunity. Contact us today to schedule a viewing and explore the potential of this well-equipped commercial property.

Property Type
Office
Bathrooms
2
Stand Size
1,874m²
Building Size
864m²
Rates & Taxes
R7,500
Garden
Yes
Reference
2188358
Property history
Listed for sale at R5,000,000
13 Sep 2023
Price reduced by 8.1% to R4,595,000
24 Oct 2023
Get to know Randburg
Residential property for sale in the Randburg area can be classified into houses, townhouses, clusters, flats, apartments, small holdings and vacant land. The large variety of property available in the area means that Randburg and its suburbs have seen a steady growth in property sales.
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