243 800 m² Commercial space in Fairview
1,650m Business For Sale in Fairview
Fantastic Investment Opportunity
This beautiful building reminiscent in architectural style of the Iconic Johannesburg landmark, the Carleton Centre complex just a couple of kilometres down the road in heart of citys cbd.
In a former life this property was the head office of Gauteng Master Builders Association.
Set on 2438 m2 stand on a main thoroughfare linking the city proper to the eastern suburbs of Troyeville, Kensington and, further afield, upmarket Bedfordview.
The building comprises of three floors plus an expansive basement.
Fully tenanted by long standing occupants with secure leases in place. The property offers an extremely high yield at asking price.
Erf size 2438 m2
Three storeys
Operational elevator
Secure parking
Fully tenanted
Excellent annual net income representing great yield on asking price
Potential Gross Lettable Area 2000 m2 including
Two additional floors could potentially increase the yield to around 20%
This investment property offers high yield plus capital growth.
Do not pass up this opportunity.
CALL ME NOW TO ARRANGE A PRIVATE VIEWING!!!
With over 60 years of combined Real Estate industry experience in South Africa, our Team can assist you with any property transaction or property need you might have.
Property details
- Listing number T4849169
- Property type Commercial
- Erf size 2 438 m²
- Floor size 243 800 m²