Office Space Trent's Place, Fontainbleau

Mixed Use Commercial Facility For Sale in Randburg

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This investment opportunity is a mixed-use retail and office space consisting of two units next to each other with a combined GLA of 545sqm. At a purchase price of R3.5 million, this investment opportunity offers investors a historical NOI yield of +-11.28%.

The two units on site comprise of a retail component, currently occupied as an office furniture store with a small enclosed area at the back mainly used as a storage space or industrial area, and a two storey office space with ample parking in front of the unit equipped with a kitchenette, receptionist area and ablution facilities.

Fontainebleau predominantly comprises of residential and office space buildings with a few industrial offerings. Situated in central Randburg, Fontainebleau is of an ideal location with close proximity to the various major road networks and linkages that connect Randburg to other major commercial and industrial nodes. This investment opportunity in particular obtains ease of access to Cresta Shopping Centre (+- 3.50km), the N1 (+- 6.00km), Republic Road (+- 1.50km), Malibongwe Drive (+- 2.00km), Jan Smuts Avenue (+- 4km), Sandton CBD (+- 10km via Republic Road), Kya Sands Industrial Node (+-12km via Malibongwe Drive), the Rosebank and Johannesburg CBD (+-10km and +-16km respectively via Jan Smuts Avenue) and OR Tambo International Airport ( +- 44km via the N1 and N3).

Get in touch with me, Marnitz van den Bergh, for any further enquiries regarding this investment opportunity.

Building Description

PROPERTY DESCRIPTION Trent’s Place is located in Randburg. • Great location • Easy access off major routes Property Name: Trent’s Place • Address: 62 Rabie Street, Fountainblou, Randburg • ERF number: 162 • Township Name: Randburg • Sub Region: Fountainblou • Property type: Commercial • GLA: 545 sqm Unit Types: Office, Retail and Yard totaling to 545sqm. Fontainebleau is located in the heart of Randburg and in the centre of Ferndale, Blairgowrie, Cresta, Randpark Ridge and Strijdompark. So, access to and from this suburb is very convenient as it is just off Republic Road and in close proximity to the N1 Freeway and Malibongwe Drive which connects to all surrounding areas. Fontainebleau is mostly a residential suburb and is home to various retail outlets and Malls.