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R43,000,000 | 5,054m² Building For Sale in Parktown

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R43,000,000

31 Princess of Wales Terrace

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Free Standing Office Building For Sale in Parktown

This well-positioned 5054sqm B+ grade office building is offered for sale in the established commercial node of Parktown, set on a 4460sqm stand and directly opposite the iconic Sunnyside Park Hotel. The property comprises of four upper floors plus a ground floor and serviced by lifts. Parking is a key highlight, with 122 secure basement bays complemented by 76 open bays, ensuring convenience for staff and visitors alike. The building enjoys excellent accessibility, with easy access to major highways and close proximity to public transport routes, positioning it well for both corporate tenants and commuters. Internally, the offices are well configured and suitable for a range of business uses, while the building’s solid structure and layout also present strong potential for residential conversion, subject to the necessary approvals. This versatile property is ideal for an owner-occupier, investor, or developer seeking a strategically located asset with long-term upside in a sought-after area.

Features

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Zoning
Commercial
Title
Freehold
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
5,054m²
Land Size
4,460m²
Lesley Michael-Thrupp
Lesley Michael-Thrupp
Candidate Property Practitioner Registered with PPRA
(FFC 1210362)
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