Office Space 172 Bram Fischer Drive, Bordeaux

R44 077 000 | 4007 m2 @ R11000 per m2

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Listing Details

Mixed-Use Residential and Retail Investment Opportunity For Sale in Randburg

Parkings 0 | Internet | Security | Wheelchair friendly | Standalone

This investment opportunity that is for sale in Ferndale consists of over 100 units of apartments at +- 3 500m2 and 550m2 of retail space. The apartments have a kitchenette with sink, one bedroom, bathroom facility and an open space for a living area.

Building Description

At a purchase consideration of R42 million (+- R 11 000/m2), this investment opportunity offers investors over 4 000m2 of mixed-use residential and retail at a forward NOI yield of +- 11.50%. This investment opportunity is situated in the central suburb of Ferndale, Randburg. In addition to being a highly populated residential area, the suburb obtains a great mix of retail and commercial retail and office offerings. Residents within the area have easy access to Randburg Square Shopping Centre (+- 1.20 km), Brightwater Commons (+- 3.00km) as well as the Sandton CBD (+- 8.00km) and Johannesburg CBD (+- 20.00km) via Randburg’s impressive road network which consists of links to Republic Road, Jan Smuts Avenue and many more.

Broker Details

Thabiso Matloporo, Commercial Property Broker

Thabiso Matloporo

M: 0828963362

O: 087 234 8000

E: Show email

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