Web Ref No CPRT-6899

Unravel a lucrative investment opportunity in this marvelous multi-tenanted, five-story building!

Nestled in the thriving Lynwood district, this well-situated 5,882 m² property finds its place between Lynwood and Atterbury Roads. It boasts a diverse array of retail and commercial tenants, transforming it into a vibrant business hub.

Benefiting from its strategic location, the building is in close proximity to several major highways as well as the bustling Menlyn and Hazelwood areas, facilitating effortless accessibility from various parts of Pretoria and Johannesburg. The property offers convenient on-site parking, with additional parking available on a structured deck above the lower ground and ground floors

This area's vitality is driven by its proximity to significant business and economic centers, as well as its convenience to quality schools and essential amenities. Moreover, the region has witnessed a growing trend of property developers creating new housing developments, heightening the demand for retail and commercial space in Lynwood. This dynamic area promises a wealth of opportunities and convenience for businesses and tenants alike. With a compelling price of just R9,000 per square meter, this property offers an exceptional chance for redevelopment that shouldn't be missed.

The five story Building ground floor has retail space that is 95 percent tenanted and office space from the first floor up. The building is ideal for the conversion of residential space, with the retail space at the ground floor. The working space is fitted with carpeted flooring and windows, allowing natural light to brighten up the office. It features air-conditioning to contribute to enhancing the air quality in the workplace and fibre connectivity for fast and reliable internet access. The office space comprises out of closed offices, a boardroom to conduct general meetings, an open-plan area, a kitchen and ablutions

The is ample secured parking space, An elevator which accommodates wheel-chair bound pupils. Property offers 24-hour security with access-controlled entrance and exit points.

To ensure the privacy of sensitive information, complete details, including building plans, financial performance, zoning details, and tenancy information, will be shared exclusively with serious buyers who sign the Non-Disclosure Agreement.

Information on the income and the tenancy will be furnished on request

This is a once in a life time opportunity to acquire these properties. Book a viewing and take advantage of the opportunity presented to you.