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R3,750,000 | 402m² Office For Sale in Glen Austin AH

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R3,750,000

49 New Road 6 49 New Road

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Monthly Levy
R8,092
Monthly Rates
R5,025

402m2 Sectional Title Office Available for Sale in Midrand

This standalone commercial building, located within a secure business park in the heart of Midrand, consists of two sections, measuring 890m2 and 402m2 each, equalling a total of 1292m2 over three floors. There is an option to purchase each section seperately, or both together, which make up the building as a whole. This property is an attractive proposition for investors, as an income-generating asset, as there are currently tenants in place. Earning potential for this asset is approximately R180 000 per month if fully let. This section measures 402m2 and consists of three seperate offices, two of which currently have tenants.

This office park is located across from the Midrand airport, has direct access to the N1 highway, and is mid-way between Johannesburg and Pretoria. It has 24/7 security, with strict access control. There is a secure, exclusive basement for this building for employee parking, as well as dedicated open parking bays. There are fire safety systems in place. Grand Central is a thriving area for businesses, including office buildings, warehouses, and retail outlets. The area hosts companies in logistics, manufacturing, technology, and finance, and its location between Johannesburg and Pretoria makes it an attractive location for businesses with operations in both cities.

Features

0
Building Name
49 New Road
Zoning
Commercial
Title
Sectional
Floor
1
Interior
Air Conditioning
Yes
Power (3 Phase)
Yes
Exterior
Security
Yes
Parking Bays
Parking Ratio
4.0 bays / 100m²
Sizes
Floor Size
402m²
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-25.9907838, 28.1383008

Glen Austin AH, Midrand

Situated between Centurion and Kyalami and forming part of the Johannesburg Municipality is the city of Midrand. Established in 1981, from an area previously referred to as Halfway House, Midrand became part of the City of Johannesburg in 2000. Spanning a total area of 152.87 km2 – the name Midrand is commonly used to refer to the suburbs that surround the N1 highway (Ben Schoeman Highway portion) these... More Info

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Tessa Joseph
Tessa Joseph
Non-Principal Property Practitioner Registered with PPRA
(FFC 1183204)
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