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R15,100,000 | 1,292m² Office For Sale in Grand Central

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R15,100,000

49 New Road 5 49 New Road

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Monthly Levy
R25,959
Monthly Rates
R12,400

Freestanding Office Building For Sale in Midrand - Excellent Investment Option

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 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 are three floors of office space, which include various boardrooms, private offices and open-plan areas, as well as four bathrooms. There is also a warehouse component, and the building has two roller-shutter doors, both 5m in height. The roller-shutter access, combined with 3-phase power make this property suitable for an organisation requiring a warehousing component, and is suitable for light industrial purposes.

There is a secure, exclusive basement for this building for employee parking, as well as ten 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

9
10
Building Name
49 New Road
Zoning
Commercial
Title
Sectional
Floor
1
Interior
Air Conditioning
Yes
Power (3 Phase)
Yes
Exterior
Security
Yes
Parking Bays
Open Parkings
10
Basement Parkings
9
Parking Ratio
4.0 bays / 100m²
Sizes
Floor Size
1,292m²
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-25.9907838, 28.1383008
Tessa Joseph
Tessa Joseph
Non-Principal Property Practitioner Registered with PPRA
(FFC 1183204)
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