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3305 m² Commercial space in Bertrams

R 4 400 000

Floor Area 3305 m² Land Area 1218 m² Rates R 8340 Levy R 1

Situated conveniently close to Victoria Yards and close to busy Albertina Sisulu road, this 4 floor

commercial building has a number of tenants with good, comprehensive 1-year leases with 7%

escalation clauses. It is suitable for either continued commercial use or conversion into residential

or student accommodation.

The student accommodation planning has been commenced.

There is secure parking within the property for 10 cars, and there is a flatlet and storage rooms. Beneath the building is covered parking for another 10 cars

The owner is very keen to sell and will look at all reasonable Offers

BERTRAMS

Bertrams is a suburb of Johannesburg, South Africa. It is a small suburb found on the eastern edge of the Johannesburg central business district (CBD), tucked between the suburbs of New Doornfontein and Lorentzville, with Troyeville to the south.

The suburb was founded on one of the original farms on the Witwatersrand, after a strip of land was sold from the farm Doornfontein. he suburb was named after its real estate developer Robertson Fuller Bertrams. It was proclaimed a suburb on 16 August 1889 and was initially called Bertramstown. By the 1930s, Bertrams accommodated a ''racially mixed working-class population''. However, in the 1930s, black residents of Bertrams were some of the black people to be relocated to Orlando. Indian and coloured people were also relocated in order establish a white working-class housing scheme. Bertrams began to desegregate two decades before the 1991 repeal of apartheid''s racial segregation policies.

Bertrams is a clean and friendly neighbourhood, close to Ellis Park Stadium. With amenities including the swimming pool and the University of Johannesburg within this locality. Bertrams borders central Johannesburg or Town but is suburban enough to maintain its calm and pleasant atmosphere while being close to it and easy to access. Unemployment is high in this council owned area but there is a relaxed and friendly atmosphere. Everything you need is in Bertrams and if you cannot find what you want there just pop into town and try your luck there.

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