3 513 m² Commercial space in Ferndale

UNLOCK THE POTENTIAL | PRIME REDEVELOPMENT OPPORTUNITY IN RANDBURG

Opportunities of this scale and potential are becoming increasingly difficult to find!

Situated in the heart of Randburg, Surrey Avenue presents an exceptional opportunity for property developers and investors looking to capitalise on the growing demand for residential accommodation in an established urban location.

Set on an expansive 4,015m2 stand, the property offers approximately 3,813m2 of existing buildings across three interconnected blocks, providing an excellent foundation for a redevelopment or repositioning project.

Whether your vision is to create residential apartments, student accommodation, co-living spaces or a mixed-use development, this property offers the space, existing infrastructure and location to explore a range of possibilities, subject to the necessary municipal approvals.

PROPERTY FEATURES & DEVELOPMENT POTENTIAL:

Erf Size: 4,015m2

Existing Buildings: 3,813m2

Gross Lettable Area: 3,513m2

Existing Bulk Rights: FAR 1.5

Height Restriction: 5 Storeys

Approximately 95 Parking Bays 81 Basement, 11 x Under Carport and 3 x Open parking bays

Generator Infrastructure

Borehole and Backup Water Facilities 9 000 Litre backup water tank.

Secure, Access-Controlled Premises

Established Supporting Infrastructure.

Fibre connectivity into the property.

Fitted braai area.

Air-conditioned.

Server room.

Electric fencing.

Drywalling allows for the layout to be changed to suit.

A LOCATION THAT WORKS IN YOUR FAVOUR

Conveniently positioned near Randburg CBD, Republic Road, Bram Fischer Drive and Jan Smuts Avenue, the property benefits from excellent accessibility to major business nodes, public transport routes and surrounding amenities. Easy walking distance to public transport, including a Gautrain bus stop.

With its substantial land size, existing improvements and strategic positioning, this prime property offers developers the opportunity to transform an established property into a valuable residential investment.

If you are looking for your next development project, this is an opportunity worth exploring.

Contact us today to arrange a viewing or enquire about this exciting investment opportunity.