X

4,847m² Building For Sale in Ferndale

R23,100,000

104 Bordeaux Drive
Web Ref No COM20266

Commercial Property For Sale in Bordeaux Drive, Ferndale, Randburg

The Randhill Building, located in Randburg Central, presents an excellent investment opportunity, encompassing 4,847.27m² on a 1,941m² lot. Priced at R23,100,000 (excluding VAT), this 7-story property features a prominent billboard and offers open-plan office space across its seven floors (536m² each), along with two levels of basement parking providing 180 bays. Currently, there are vacancies for 3 retail stores and 3,654m² of office space, making it well-suited for a call center, educational institution, or multi-tenant arrangement. The building generates a monthly income of R126,741.37 (excluding VAT) with expenses totaling 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 and high foot traffic, further increasing its appeal for various purposes, including potential residential conversion.

Features

Zoning Mixed Use
Basement Parking 180
Monthly Rates R60,099.00pm Excl. VAT
Floor Size 4,847m²
Land Size 2,819m²
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

Message the Agent

We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

1 of 1
I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy