Office Space 373 Rivonia Boulevard, Edenburg

R30 999 085 | 4745 m2 @ R6533 per m2

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Listing Details

A-Grade Office Building Investment Opportunity For Sale in Rivonia

Parkings 0 | Security | Wheelchair friendly | Backup generator | Standalone | Natural ventilation | Balcony

This investment opportunity presents an office block with great potential for residential conversion. The asset currently obtains a historical yield of 23.57% at a price consideration of R 31.00 million.

Currently the site is fully occupied by a single tenant with a WALE of ±2 years as at May 2021.

The best part of these offices is their wow factor triple volume atrium that makes you feel like you should be in the middle of Sandton's P-Grade sky-scrapers while instead of being in close proximity to the highway and various surrounding areas.


Building Description

373 Rivonia Road boasts an A-Grade standalone office in the Rivonia, Edenburg area. The building consists of three floors with a grand triple-volume atrium in the centre which can conveniently be used as a function venue on the ground floor. Features include; a back-up generator, wheelchair access, existing fit-out, balcony access, climbing wall and a triple-volume atrium. The parking allocation is 3.5 bays per 100sqm whereby there is a mix of secured basement parking and shaded parking bays outside. A major appeal for this location is the quick and easy access to public transport and main transportation routes e.g. Rivonia Road, Witkoppen and the N1 highway are all within less than 2.00km. There are also ample amenities within close proximity, many of them situated along Rivonia Boulevard.

Broker Details

Ashley Thompson, Commercial Property Broker

Ashley Thompson

M: 071 918 1651

O: 087 234 8000

E: Show email

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