NEW
Web Ref AS3800RFS
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
Industrial
Title
Freehold
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
5,718m²
Land Size
15,197m²
STREET MAP
STREET VIEW
