5 718 m² Industrial space in Randjespark
Randjespark, Midrand, Gauteng
Lettable area read from the listing title — the lister did not state a figure. Confirm on inspection.
Listed by
Andrew Sanderson
API Property Group
Details
Commercial office park for sale in Randjespark This commercial office park is situated on a 15 197m2 stand and offers approximately 5,718m2 of lettable space. The property is available for sale at R52,000,000 plus VAT and presents a strong investment opportunity with multiple income streams and future development potential.A key feature of the property is a prominent highway billboard valued at approximately R22 million, which generates a monthly income of between R120,000 and R180,000. The billboard has a secured lease in place for the next 10 years, providing a reliable additional revenue stream for the owner.The property benefits from excellent highway exposure, offering outstanding visibility and accessibility. It also holds a liquor licence, which adds flexibility for certain business operations or hospitality-related tenants. The current zoning allows for the construction of an additional third level, providing an opportunity to further increase the buildings usable space and long-term value.Additional infrastructure improvements include two boreholes that are currently being installed, as well as a backup generator on site, ensuring improved water security and operational continuity. This well-located commercial property combines strong visibility, stable income potential, and future expansion opportunities.
Location
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