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House for sale in Ferndale

4,015m²
Prime Commercial Property With Rental Income Opportunity

Property Description: Location & Surroundings

Located in the bustling suburb of Ferndale, this prime property offers excellent accessibility to major business hubs, key transport routes, and local amenities. Ferndale is a vibrant area known for its blend of commercial and residential activity, making it a highly sought-after location for business opportunities.

Property Details

  • Extent: 4,015 m2
  • Accessibility: The property has direct access from Surrey Street and offers ample on-site parking and potential for future enhancements or developments.

Accommodation Description

Main Building

  • Gross Lettable Area:

- Office Use: 630 m2

- Covered Entrance: 22 m2

The main building is configured for office use, providing flexible layouts suitable for various business operations.

The covered entrance adds functionality and aesthetic appeal, offering a welcoming and sheltered entry point.

Outbuildings

  • Staff Bathroom & Store: 19 m2
  • Covered Patio: 10 m2

The outbuildings include a staff bathroom and a practical storage space, supporting the operational needs of occupants. The covered patio is a versatile space ideal for outdoor activities, informal meetings, or breaks.

Current Tenant

The property also includes a tenant who operates a kindergarten office in the back space. The tenant has expressed their willingness to continue renting the space under the new ownership, providing immediate rental income for prospective buyers.

Key Features

  • Spacious Lot: The 4,015 m2 extent offers significant potential for parking, landscaping, or additional development.
  • Versatile Layout: A mix of office, storage, and ancillary facilities ensures maximum flexibility for diverse business requirements.
  • Immediate Rental Income: With an existing tenant in place, new owners can benefit from a steady rental income from day one.
  • Prime Location: The property’s strategic location ensures ease of access for employees, clients, and suppliers alike.

Potential Use

The property is perfectly suited for office-based businesses, mixed-use developments, or as an investment property with existing rental income streams. The large lot size also allows for future expansion or redevelopment opportunities.

Property Type
House
Stand Size
4,015m²
Reference
2356553
Property history
Listed for sale as price on application
31 Jan 2025
Get to know Randburg
Residential property for sale in the Randburg area can be classified into houses, townhouses, clusters, flats, apartments, small holdings and vacant land. The large variety of property available in the area means that Randburg and its suburbs have seen a steady growth in property sales.
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