Extent: ± 3 034 m² | GBA: ± 27 960 m² | Office space: ± 24 367 m² | Zoning: Business 1; General | Improvements: ablutions, storerooms, kitchens, offices, boardrooms | Basement parking | Vacant occupation | 4 Street frontages
In2assets is proud to present a unique and well positioned property in Central Johannesburg which offers the opportunity to be re-developed to Mixed usage.
The property previously used as Telkom Administration offices offers various options for re-development.
The property has four street frontages and is hence easily accessible by the public.
Location:
This commercial building is located on the western periphery of the Johannesburg CBD, Gauteng. It has direct vehicular access of Main Street and Fox Street and also provides pedestrian access from Maclaren Street and Sauer Street.
The property is located in a mainly commercial node known as Johannesburg. It mostly offers commercial properties with high-rise residential properties located in between. Surrounding suburbs include Braamfontein (north), City & Suburban (east), Selby (south) and Fordsburg (west).
The property is known as Erf 1109 Marshalls Town and the main entrance is situated of Main Street.
Improvements
The subject property offers approximately 24 367m² of office space accommodated in an eight-storey building offering ablutions, storerooms, kitchens, offices, boardrooms, stairwells and basement parking. Lifts are installed in strategic areas.
Vacant Occupation:
A portion of the property in the extent of 877 m² is currently being leased out to the South African Post Office and the property will be sold subject to terms and conditions of the lease agreement.
Conclusion:
This exceptional property represents a rare chance to acquire a prime potential commercial position in the central part of Johannesburg.
This property forms part of a National Telkom Portfolio. To view all properties within this portfolio, please download the catalogue or contact us on info@in2assets.com.
In2assets Properties
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