1,650m² Business For Sale in Fairview
updated on Apr 23, 2025
R 10 993 000

WEB REF: 709590

 
Property Summary
  • Price R 10 993 000
  • LocationJohannesburg, Fairview
  • Property TypeCommercial - Office
  • Erf Size2438 m2
  • Floor Size1650 m2
Description

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 city’s 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!!!

Additional Features
      Property Address

      Fairview, Johannesburg, Gauteng

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