2,819m² Building For Sale in Ferndale
R23,100,000
104 Bordeaux Drive
Web Ref No COM23136
Prime Investment: Randhill Building in Randburg Central
The Randhill Building, located in Randburg Central, offers an excellent investment opportunity with a total area of 4,847.27m² on a 1,941m² lot, priced at R23,100,000 (excluding VAT). This 7-story property provides open-plan office space across seven floors (536m² each) and two levels of basement parking with 180 bays. Currently, there are vacancies for 3 retail stores and 3,654m² of office space, making it ideal for a call center, educational institution, or multi-tenant setup. The building generates a monthly income of R126,741.37 (excluding VAT) with expenses of R60,099, resulting in a net income of R66,642.37. Its strategic location near the Randburg Taxi Rank and shopping centers ensures excellent accessibility, high foot traffic, and potential for a residential conversion, enhancing its appeal for diverse uses.
Features
Zoning Industrial
Basement Parking 180
Monthly Rates R60,099.00pm Excl. VAT
Floor Size 2,819m²
Land Size 4,847m²
Security Yes
Basement Parking 180
Monthly Rates R60,099.00pm Excl. VAT
Floor Size 2,819m²
Land Size 4,847m²
Security Yes
Extras
24 Hour Access
24 Hour Response
A_Frame Loft
ADSL
Air Conditioner
Alarm System
Balcony
Blinds
Broker Contact Details
Angeline Naidoo
Candidate Property Practitioner
Registered with PPRA
(FFC 125 655 6)
Cell 073 774 2182
Office (010) 3006441
WhatsApp Me
Candidate Property Practitioner
Registered with PPRA
(FFC 125 655 6)
Cell 073 774 2182
Office (010) 3006441
WhatsApp Me
Message the Agent
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