Tenanted Ferndale office block to fall under the auctioneer’s gavel

Posted On Tuesday, 26 July 2011 02:00 Published by eProp Commercial Property News
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A prime, tenanted office block in the established commercial node of Ferndale will be brought to auction on August 25, during next month’s Commercial Multiple auction.

Property-Housing-ResidentialThe property is situated at 268 Kent Avenue, along an established commercial strip, and is surrounded by a number of commercial properties including Sasol Gas LTD, which is situated next door.

The property is easily accessible via a number of main and secondary arterials including Republic Road, Malibongwe Drive, Jan Smuts Avenue, the N1 Highway and William Nicol Drive. In addition, the property’s close proximity to Republic Road enables quick and efficient access to the nearby Sandton CBD.

The property extends over a GLA of 3,000m², and operates as a fully functional call centre. The property features wide open floor plates, a generator and ample parking in the form of 45 basement parking bays and 13 open parking bays.

Comments Daniel Treisman of Auction Alliance, “The facilities offered by this income producing property make it a great investment opportunity. Furthermore, Ferndale’s location on the periphery of the Randburg CBD, as well as its close proximity to the Sandton CBD, has made it a highly sought after commercial node”.

Last modified on Wednesday, 11 June 2014 08:56

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