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.

Potential gross rental income of approximately R70 000 per month.

Single Phase 150A electricity supply.

Very 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.