12 518.8 m² Commercial space in Johannesburg Central

Sage Centre is located in the centre of Johannesburg CBD.

The property features an old landmark B-grade office building with a concrete frame, extensive window walling, and textured concrete columns under a flat roof.

It includes basement parking, ground reception, and retail space, with 12 floors above.

The condition of the office space varies, ranging from dilapidated vacant floors to relatively clean and presentable floors leased to different tenants. Each floor''s lift lobby also varies in quality. The office areas consist of a mix of open-plan space and demountable partitioning. Amenities such as WC, kitchenette facilities, and elevators to upper floors are available. The ground floor houses several shops with external street access.

The Building GLA is 12,518.78 m2.

308 Parking bays.

CURRENT OCCUPANCY RATE: 25.98 %

CURRENT VACANCY RATE: 75.07 %

GROSS LETTABLE AREA: 12,701.13 m2

TENANT OCCUPANCY PROFILE

- BNM FASHIONS- STARLITE FASHIONS

-AFRICAN BANK

- VIC-MOORE CELLPHONES AND ELECTRONICS (PTY) LTD

- ATLAS FINANCE

- PUBLIC PROTECTOR SOUTH AFRICA

- MERCHANTS SA

ZONING: Business 1

The immediate surrounded area comprises of a mixture of residential, commercial, mixed-use developments, Industrial, retail, government and civic property.

Johannesburg CBD is a highly sought-after area for property due to its central location, offering excellent connectivity and diverse amenities.

The building Location offers easy access to various major routes like the M1 , R2 and N3 highways.

This commercial property is neighbouring Luthuli house, CCMA House, Johannesburg city library, Ghandi square and within close proximity to the property there is government precinct and Financial institutions like FNB Bankcity and Standard Bank headquarters.

There are great transport nodes within reach such as Gautrain Station, Noord Taxi Rank and other general public transport facilities.