Commercial office park for sale in Randjespark
This commercial office park is situated on a 15 197m² stand and offers approximately 5,718m² of lettable space. The property is available for sale at R52,000,000 plus VAT and presents a strong investment opportunity with multiple income streams and future development potential.
A key feature of the property is a prominent highway billboard valued at approximately R22 million, which generates a monthly income of between R120,000 and R180,000. The billboard has a secured lease in place for the next 10 years, providing a reliable additional revenue stream for the owner.
The property benefits from excellent highway exposure, offering outstanding visibility and accessibility. It also holds a liquor licence, which adds flexibility for certain business operations or hospitality-related tenants. The current zoning allows for the construction of an additional third level, providing an opportunity to further increase the building’s usable space and long-term value.
Additional infrastructure improvements include two boreholes that are currently being installed, as well as a backup generator on site, ensuring improved water security and operational continuity. This well-located commercial property combines strong visibility, stable income potential, and future expansion opportunities.
A key feature of the property is a prominent highway billboard valued at approximately R22 million, which generates a monthly income of between R120,000 and R180,000. The billboard has a secured lease in place for the next 10 years, providing a reliable additional revenue stream for the owner.
The property benefits from excellent highway exposure, offering outstanding visibility and accessibility. It also holds a liquor licence, which adds flexibility for certain business operations or hospitality-related tenants. The current zoning allows for the construction of an additional third level, providing an opportunity to further increase the building’s usable space and long-term value.
Additional infrastructure improvements include two boreholes that are currently being installed, as well as a backup generator on site, ensuring improved water security and operational continuity. This well-located commercial property combines strong visibility, stable income potential, and future expansion opportunities.
Features
Zoning
Interior
Exterior
Sizes
Listing Info
Randjespark, Midrand
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the API Property Group website is accurate and up to date, API Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.