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R 19 000 000

Commercial Property for Sale in Ferndale

  • Floor Size 2 800 m²
Long Term Investment Opportunity in a Great Locality
This up market, immaculately maintained and attractive building of approximately 2 800 m2 of office Improvements and a total of 104 parking bays has been recently rented to a single well established tenant on an eight year lease. The current net income of R2 100 000 provides a yield of 11 % based on a selling price of R19 Million. The property is located in an easy to find, clean and neat part of Ferndale in Randburg and has excellent access to various main arterials and public transport facilities. Contact me today to discuss and view this as well as other great investment opportunities available in Ferndale, Blairgowrie, Bordeaux, Kensington B, Fontainebleau, Peter Place / Lyme Park, Epsom Downs and Bryanston.
Unfurnished Unfurnished
Type of Property
Commercial Property
Street Address
Description
Office
Listing Date
15 January 2020
Erf Size
4 015 m²
Floor Size
2800 m²
Furnished
No
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