- 1
- 228 m2
- 573 m2
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Property description
Full Title Office. 228m². West Ave. R1.499MN.
Exceptional opportunity to own a full title commercial property in Ferndale’s most sought-after business corridor. This 228m² office building on a 573m² erf offers complete ownership, control, and future development potential.
PROPERTY SPECIFICATIONS:
228m² professional office building
573m² full title erf
Two-level layout with modern finishes
Multiple private offices & open-plan areas
Reception, kitchenette & ablution facilities
On-site parking
Secure office park environment
FULL TITLE ADVANTAGES:
Complete ownership
Superior long-term capital appreciation
Own your parking & outdoor spaces
PRIME LOCATION - WEST AVENUE CORRIDOR:
Direct access to Malibongwe Drive
3km to N1 Highway (Randburg/Sandton)
8km to Sandton CBD
Established commercial precinct
24/7 secure business environment
Walking distance to retail & services
INVESTMENT PROPOSITION:
Asking Price: R 1 499 000
Rental potential: R18,000-R22,000/month
Estimated gross yield: 13-17% p.a.
Monthly rates: Approximately R2,200
IDEAL FOR:
Owner-occupiers seeking owned premises
Professional services firms (legal, accounting)
Tech companies & creative agencies
Construction/project management businesses
Medical suites or specialist practices
Investors with development aspirations
COMPARATIVE VALUE:**
Recent West Avenue sales:
420 West Avenue (566m²): R2,717,000
392A West Avenue (190m²): R1,800,000
Sectional units: R1,300,000-R1,690,000
This full title property at R1,499,000 represents exceptional value!
BUSINESS & DEVELOPMENT OPPORTUNITIES:
For Owner-Occupiers:
Eliminate monthly rent permanently
Build equity while operating your business
Customise to your exact specifications
Tax benefits of property ownership
For Investors:
Strong rental demand in established node
Full title commands premium rentals
Value-add opportunities
WHY THIS PROPERTY STANDS OUT:
Full Title - Rare offering in this location
Established Precinct - Proven commercial hub
Competitive Pricing - Below comparable full title sales
Immediate Income - Rental-ready or owner-occupation
Full title commercial properties on West Avenue rarely become available. This represents a genuine opportunity to own, not just lease, in one of Randburg’s premier commercial corridors.
PRICED TO SELL - R1,499,000
Contact us for private viewing, detailed floor plans, and comprehensive financial analysis.
Property Details:
Type: Full Title Commercial Office
Building: 228m² (estimated)
Erf: 573m² (Portion 3, ERF 141)
Location: West Avenue, Ferndale
Zoning: Business/Commercial
Municipality: City of Johannesburg
Serious Buyers Only | Viewing by Appointment
DON’T MISS THIS RARE FULL TITLE OPPORTUNITY IN PRIME FERNDALE LOCATION
Property Details
- 1 Bathrooms
Property Features
Bathrooms | 1 |
Floor Area | 228 m2 |
Erf Size | 573 m2 |