Web Ref COM23136
R23,100,000
104 Bordeaux Drive
Calculate Affordability | Calculate Bond & Transfer Costs
Monthly Rates
R60,099
R60,099
Prime Investment: Randhill Building in Randburg Central
The Randhill Building, located in Randburg Central, offers an excellent investment opportunity with a total area of 4,847.27m² on a 1,941m² lot, priced at R23,100,000 (excluding VAT). This 7-story property provides open-plan office space across seven floors (536m² each) and two levels of basement parking with 180 bays. Currently, there are vacancies for 3 retail stores and 3,654m² of office space, making it ideal for a call center, educational institution, or multi-tenant setup. The building generates a monthly income of R126,741.37 (excluding VAT) with expenses of R60,099, resulting in a net income of R66,642.37. Its strategic location near the Randburg Taxi Rank and shopping centers ensures excellent accessibility, high foot traffic, and potential for a residential conversion, enhancing its appeal for diverse uses.
Features
Zoning
Industrial
Exterior
Security
Yes
Parking Bays
Basement Parkings
180
Sizes
Floor Size
2,819m²
Land Size
4,847m²
Extras
24 Hour Access; 24 Hour Response; A_Frame Loft; ADSL; Air Conditioner; Alarm System; Balcony; Blinds; Water Tank
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